Professional Documents
Culture Documents
CONTENTS
Pvt. Ltd. VOL-13
ISSUE -06
Editor
Success Saga 5-6
N.K. Jain
Current Affairs for SBI - One Liner 7-10
Advisors
Spotlight 11
Neeraj Chabra
K.C.Gupta The People 12-22
Dear Aspirants,
With a zenith level of zeal we present you again with the June issue of your favou-
rite magazine meticulously made for aspirant who wants to be ahead of others in
the field of competitive examination.
We take privilege to present you study material relevant for the competitive ex-
amination keeping in view the requirement of our esteemed readers.
If you read the issue carefully like an eager-beaver, we assure you will be fully
equipped in the battlefield of the competitive examination.
In this issue, we are providing you with some of the imperative and substantial
event, e.g. 64rth National Film Awards, List of the worlds strongest democratic
countries and World Water Day Celebrations by different Ministries etc.
We always try to paint the demands, suggestions and changes of our readers in
our magazine.
We make all effort to include them in the further issue of the magazine, it gives
us great exhilaration that our readers unanimously endorse our drudgery and skill
nationally.
MICA gives you guidance, counselling and keeps ahead in every aspect of compe-
tition, because we believe in the quote
Your Success is Our Success
Gratitude
PERSONAL DETAILS E-news and did its periodic revision. For banking,
Name : IRSHAD ALAM Mahendras, MICA & Monthly Boosters, GS Books
Fathers Name : Mr. Latif Alam MICA : How do you take Master in Current Affairs
Magazine, and Mahendra Guru Website?
Mothers Name : Mrs Shayara Bano
IRSHAD : Online downloading, reading and going
Hobbies : Playing Cricket and
through important news.
Solving maths questions.
MICA : What is the best thing about your coaching
Prior Selection : It was my first attempt.
institute, according to you?
Name of the Exam : Indian Railway
IRSHAD : 1-Best Faculty.
Roll No. of Qualified Exam : 9421611
2-Lab ST.
Roll No. of Mahendra Institute : PDH02710570008
3- Right kind of guidance.
MICA : Mahendras family expresses its heartiest
congratulations on your success. MICA : What is the role of Time Management in
ones success?
MICA : To whom do you want to give the credit of
your selection? IRSHAD : It played a most important role because time
management is very important if one wants to
IRSHAD : My Family, Mahendras and especially all the
crack any exam and Mahendras speed tests
faculty that tought me & motivated me.
are helpful in improving Time Management
MICA : After how many attempts did you succeed in Skills.
examination?
MICA : How did you prepare for the Interview?
IRSHAD : It was my 1st attempt.
IRSHAD : My uncle helped me in Interview preparation.
MICA : What is the role of Mahendra institute in your
selection? MICA : Tell us about the Interview Board and the
questions asked?
IRSHAD : Yes, Mahendras played a major role in guiding
me in the right direction. IRSHAD : The interview board was very encouraging,
very nice & there were 5 members.
MICA : How did you prepare for the examination?
The questions asked were:
IRSHAD : Mahendras was very helpful for me in my
preparation for examinations. (I) About electron discovery ?
Quantitative Aptitude: (II) About scientist who belongs to electrons discovery ?
the Keep your basics clear.and have patience while solving (III) Questions about myself ?
questions .Practice of previous year paper will improve
MICA : By whom did you get information of your
speed. Eg Mahendras Maths Book
selection and what was your reaction?
Reasoning Ability:
IRSHAD : I heard the news of success from my
Keep practicing reasoning questions of previous papers, grandfather, I got emotional at that moment.
STs and Mahendras Reasoning Book will help a lot. Eg
MICA : What message do you want to convey to other
Mahendra Reasoning book & practice paper
aspirants?
General Science:
IRSHAD : Be true to yourself , dont fool yourself, be
Practicing questions online, giving speed test & analyzing regular, consistent and success will be yours.
the given test. Eg Speed test were so helpful and read text
book thouroughly for all subjects. MICA : Congratulations once again on your success.
Your success is our success.
General Awareness:
IRSHAD : Thank You Mahendra for guiding me to
Reading The Hindu, noting down daily news & searching
Success.
the website for current news. I also read E-mica and
A two-week long multi-national military exercise Shanti Prayas III of the armies from 28 countries, including India and the
US, concluded in Nepal.
6 JUNE/2017/MASTER IN CURRENT AFFAIRS
CURRENT AFFAIRS FOR SBI One Liner
## The country which is the largest holder of US government securities in 2016 is- Japan
## ______ Chief Minister TR Zeliang resigned as Chief Minister of the state. Nagaland
## The book titled Hema Malini: Beyond the Dream Girl is authored by- Ram Kamal Mukherjee
## The movie which has won the International Federation of Art Cinemas (CICAE) award
at the 67th Berlin International Film Festival is - Newton
## The movie which bagged the best original screenplay prize at Writers Guild of America
award (WGA) is - Moonlight
## Person who is honoured with the Best Green Organisation of the Year Award is- Katamati Iron Mine
## Recently appointed National Security Advisor of US is - Herbert Raymond
McMaster
## Country from which Vitaly Churkin belongs to - Russia
## According to a report by SIPRI, country which is the worlds largest importer of major
arms in the last five years is - India
## Sahitya Akademi Translation Award for the year 2016 along with 22 language translators
is awarded to- P.Jayaraman
## V K Srinivasan, who died recently was a famous- Politician
## The first heliport in India will be inaugurated by Civil Aviation Minister _____ in
North Delhi. Ashok Gajapathi Raju
## According to the latest New World Wealth report, country which has witnessed the
largest number of millionaire inflows at 11,000 in 2016 is - Australia
## According to PR firm Burson-Marsteller, the person who has become the most followed
world leader on Facebook, with nearly 40 million followers is - Narendra Modi
## The first woman to lead Scotland Yard in its 187-year history is- Cressida Dick
## Queensland University of Technology of Australia has signed an agreement with IIT
______ to undertake joint applied research in information security, combustion and
health technologies. Madras
## Kenneth J Arrow is related to- Economics
## Railway Minister Suresh Prabhu launched the _______, a new fully unreserved train for
the common man. Antyodaya Express
## Mkavach and Samvid are- Antivirus
## Player who has won the International Hockey Federations male Player of the Year
(2016) is - John - John Dohmen
## The state which has become the 22nd state to join UDAY scheme is- Sikkim
## The ninth BRICS Summit will be held in- China
## The 30th Moortidevi award by Bharatiya Jnanpith organisation on March 4, 2017 was
given to - M P Veerendra Kumar
## The country which has won Rollball World Cup 2017 is- India
## The first Dr Satya Paul Memorial Award for his outstanding contribution to India-UK
ties is awarded to - Virendra Sharma
Recently Indian Bank has appointed Kishor Kharat as its new Managing Director and Chief Executive Officer.
According to KPMGs Indias Annual Compensation Trends Survey, the projected increment for the 2017-18 is 9.7%.
Recently Mahesh Kumar Jain took over as the new managing director and chief executive officer of IDBI Bank.
## An Indian-American legal luminary ## Till now, the highest post occupied by women at the
Amul Thapar has been nominated market regulator was the position of executive director.
by US President Donald Trump Vanita Gupta
to a key judicial position on the
## Indian-American Vanita Gupta, who
powerful US court of appeals.
headed civil rights division in the
## Amul Thapar, 47, who in 2007 Department of Justice in the Obama
became the first South Asian Administration, has been appointed as
Article III judge when he was president and CEO of The Leadership
appointed as a US District Judge for the Eastern Conference on Civil and Human
District of Kentucky, is the first Indian-American to Rights, becoming the first woman to
be nominated by Trump for a top judicial post . head the prestigious organisation.
## If confirmed by the Senate, Thapar will be part of the ## Known for her fearless advocacy of all human beings,
powerful US 6th Circuit Court of Appeals, which hears 41-year-old Gupta will replace Wade Henderson who is
appeals from Kentucky, Tennessee, Ohio and Michigan. stepping down after more than two decades.
## Thapar was among the 20 judges whose names Trump ## Gupta, who will also lead its sister organisation The
had released during his presidential campaign as Leadership Conference Education Fund, will begin her
shortlisted candidates for his Supreme Court nominees. new role on June 1.
## Senate Majority Leader Mitch McConnell applauded Prabhat Awasthi
Trump for announcing his intent to nominate Thapar
## Global financial services major
to serve on the Sixth Circuit Court of Appeals.
Nomura announced the appointment
## Throughout his already impressive career of public of Prabhat Awasthi as the new head of
service, Amul has shown an incredible intellect and its India operations.
an unshakable dedication to the law.
## Awasthi, who currently heads equities
Madhabi Puri Buch at Nomuras India, will take over charge
## Madhabi Puri Buch has been in his new role from April 1.
appointed as new whole time ## As head of India, Awasthi would be responsible for
member of SEBI. running Nomuras India franchise spanning fixed income,
## She is founder-director of Agora equities and investment banking.
Advisory Pvt Ltd and currently ## The move comes following the elevation of Vikas Sharma,
at the New Development Bank in the current head of India, as the head of Asia ex-Japan at
Shanghai, China. Nomura. Sharma will also take charge from April 1.
Recently Aditya Birla Group has received licence from the Reserve Bank of India to start payments bank.
Gionee a mobile maker announced its association with Royal Challengers Bangalore as their principal sponsor.
Recently Mashrafe Mortaza who hails from Bangladesh announced his retirement from T20 international cricket.
India got 3rd rank in a doping violation report published by World Anti-Doping Agency (WADA) for 2015.
17 JUNE/2017/MASTER IN CURRENT AFFAIRS
THE PEOPLE AWARDS/HONOURS
Pravasi Bharatiya Samman ## UN spokesman Stephane Dujarric
## Priti Patel, Britains senior-most announced that she will focus
Indian-origin minister, has vowed to on promoting girls education
champion the interests of the Indian worldwide and will be officially
Diaspora and work for strengthening designated at a ceremony.
the Indo-UK ties as she received her ## The 19-year-old was campaigning for
Pravasi Bharatiya Samman at a the right of all children to education
ceremony. in northwest Pakistan when she was
## The minister for international severely wounded in a Taliban assassination attempt.
development had been conferred the ## Guterres said even in the face of grave danger, she has
honour by President Pranab Mukherjee in January. shown an unwavering commitment to the rights of
## The award is the highest honour conferred on overseas women, girls and all people.
Indians and Patel has been awarded for her exceptional ## Other messengers of peace include actors Michael
contribution to national and international politics, Douglas and Leonardo DiCaprio, primatologist Jane
her role in strengthening UK-India relations, and for Goodall and musicians Daniel Barenboim and Yo-Yo
supporting the Indian Diaspora in the UK. Ma.
## Patel received the award from Indian High Businesswoman of Year Award
Commissioner to the UK, Y K Sinha at the Indian High ## Asha Khemka, Principal and
Commission. CEO of West Nottinghamshire
Honorary General of Nepal Army College, has been named the
## Indian Army Chief General Bipin Asian Businesswoman of the Year
Rawat was conferred the rank of 2017 for her efforts in the field of
honorary General of the Nepal education and skills at the Asian
Army by President Bidhya Devi Business Awards ceremony.
Bhandari at a special ceremony at ## In 2013, she was awarded a Dame
the Presidents official residence Commander of the Order of the British Empire, one of
Sheetal Niwas . Britain`s highest civilian awards.
## It has been a tradition between the ## The mother-of-three was the first Indian-origin Dame
Indian and Nepali armies to confer the honorary top since Maharani Lakshmi Devi Bai Sahiba of Dhar State
rank on each others chiefs to signify their close and in 1931.
special military ties. General Chhetri received a similar ## The event, which took place at the famous Edgbaston
honorary rank from Indian President Pranab Mukherjee cricket ground in the city, also marked the launch of the
in February last year. Asian Rich List for the Midlands to highlight the high
## The Indian Army chief, told Khand that the Indian net worth Asians in the region.
Army wants to assist the Nepal Army in peacekeeping Pulitzer Prize for Fiction
operations, development endeavours and disaster
management and its efforts to increase its role in these ## Colson Whiteheads The
three areas in all possible ways. Underground Railroad, his
celebrated novel about an escaped
## Commending the role of the Nepal Army in global slave that combined liberating
peacekeeping operations, Rawat said India wants to see imagination and brutal reality, has
a prosperous, peaceful and developed Nepal. won the Pulitzer Prize for fiction.
## Khand, while welcoming the Indian army chief, hoped ## The announcement confirmed the
that such high-level visits between Nepal and India will book as the literary event of 2016,
further strengthen the social, cultural and religious ties. an Oprah Winfrey book club pick and critical favorite
UN Messenger of Peace which last fall received the National Book Award, the
## Secretary-General Antonio Guterres has selected first time in more than 20 years that the same work won
Nobel Peace Prize laureate Malala Yousafzai to be a the Pulitzer and National Book Award for fiction.
UN messenger of peace, the highest honor bestowed by ## Lynn Nottages Sweat, has won the award in the
the UN chief on a global citizen. drama category. This is his second Pulitzer.
According to the Brand Trust Report 2017, Samsung has emerged as the most trusted brand in the country.
18 JUNE/2017/MASTER IN CURRENT AFFAIRS
THE PEOPLE AWARDS/HONOURS
## Whitehead, known for such explorations of American ## A special jury mention for feature was made for
myth and history as John Henry Days, conceived his Haobam Paban Kumars Lady of the Lake and shorts
novel with what he calls a goofy idea: Take the so- special mention went to Gudh, directed by Saurav
called Underground Railroad of history, the network of Rai.
escape routes to freedom, and make it an actual train. Worlds Outstanding Aerospace Engineer Leadership
He wove his fantasy together with a too-believable Award
story of a young girls flight from a plantation.
## An Indian-born aeronautics engineer Dr Arvind
## Hisham Matars The Return: Fathers, Sons and the Sinha from Australia has been honoured with the
Land in Between won the Pulitzer for biography/ Worlds Outstanding Aerospace Engineer Leadership
autobiography. Award by the American Helicopter Society (AHS)
SCOPE Award International.
## Steel Authority of India Limited ## AHS is the worlds premier professional institution
(SAIL), nations largest steelmaker dedicated to vertical flight technology and
and a Maharatna Public Sector advancement. It selected Lt Col Dr Arvind Sinha
Enterprise has been awarded with (retd) for his distinguished career in vertical flight
the prestigious SCOPE Award for technology.
Best Practices in Human Resource ## Sinha, who received the award recently in the US, was
Management for the year 2014-15. also bestowed the title of AHS Honorary Fellow in
## Honble President of India, Pranab May 2016.
Mukherjee presented the award to Chairman, SAIL ## The title is granted to Society members who have
P.K. Singh in the presence of Honble Minister of shown exceptional leadership, or made innovative or
Heavy Industries & Public Enterprises Anant G. Geete other meritorious contributions, that have significantly
and Honble Minister of State for Heavy Industries & advanced AHS International and the vertical flight
Public Enterprises Babul Supriyo. community.
## Earlier, SAIL was awarded in the same category for the Sahitya award for translation
year 2011-12.
## Aniruddhan Vasudevans One Part
## The award was presented at the Public Sector Day Woman, a translation of Perumal
function organized by SCOPE at Vigyan Bhawan. Murugans controversial Tamil
Grand Jury Prize novel Maadhorubaagan has been
## The Golden Wing has received chosen for the Translation Prize in
the grand jury prize for best feature English 2016, Sahitya Akademi has
at the Indian Film Festival of Los announced.
Angeles (IFFLA) 2017. ## Sahitya Akademi has announced
## Directed by Bobby Sarma Baruah, Translation Prize 2016 in English language to
the film shot in Assam is a rare Aniruddhan Vasudevan for his book One Part Woman,
project made in the Rajbangshi translation of Sri Perumal Murugans Tamil novel
language. Maadhorubaagan.
## Director Karishma Dubes film Devi won the grand ## The selection was based on the recommendations made
jury prize for best short at the recently-concluded 15th by a Jury comprising of Malayalam poet and critic K
annual edition of the cinematic extravaganza. Satchidanandan, writer Githa Hariharan and translator
## A Billion Colour Story, helmed by debutant director and historian A R Vankatachalapathy.
N Padmakumar, won the audience choice awards for ## Vasudevan will be felicitated with the award along
best feature film. with the winners of the Sahitya Akademi award in 23
## On the other hand, An Insignificant Man was picked languages in a ceremony in June this year.
up as their favourite documentary feature, which has # # The prize, which is awarded to books first published
been directed by Khushboo Ranka and Vinay Shukla during five years immediately preceding the year
and produced by filmmaker Anand Gandhi. of the award, consists of a casket containing
## Under the same category, director Onirs Aaba was an engraved copper-plaque and a cheque of Rs
chosen as the best short film. 50,000.
Virat Kohli has been named as Wisdens Leading Cricketer in the World for 2016.
Indian sportsperson Jeremy Lalrinnunga has won a silver in 56kg category in IWF Youth World Weightlifting Championships.
## Amonkars mother Mogubai Kurdikar was the well- ## Baitha was elected as MLA for three times from
known vocalist who trained under Alladiya Khan Bagha reserved seat since 1962. Later, he represented
Saheb, the doyen of the Jaipur gharana. Sikarpur reserved seat in West Champaran in the state
Legislative Assembly in 1985.
## Amonkar cultivated a deep understanding of her art,
largely through extensive study of the ancient texts on ## He was minister in Congress government headed by
music, and her repertoire was grand in its sweep. Daroga Prasad Rai and Jagannath Mishra.
## In recognition of her contribution to the arts, she ## Baitha was also a member of SC & ST Commission.
received many awards, including the Padma Bhushan Munshi Venu
(1987) and Padma Vibhushan (2002), two of Indias ## Malayalam actor Munshi Venu
top civilian honours. passed away. He was 63.
## In 2010, she became a fellow of the Sangeet Natak ## Making his acting debut
Akademi, the national academy of music, arts, and dance. with Kamals comedy drama
G R Reddy Pachakuthira, Munshi Venu will be
## Long-time hockey administrator more remembered for his comical
G R Reddy, fondly known as Raju characters. Venu has acted in over
among the sports fraternity died. He 75 Malayalam films.
was 70. ## Hes known for films like Chotta Mumbai, Salt n
## He was associated with the Mumbai Pepper, Kanyaka Talkies, Immanuel and Daddy Cool.
Hockey Association Limited since 1971. Girish Gary Saxena
## Raju was also the honorary secretary of ## Former Jammu and Kashmir
the Thane District Hockey Association Governor Girish Chandra Saxena,
and the Dadra and Nagar Haveli Hockey Association. lovingly called Gary, died. He was
Akhilesh Das Gupta 90.
## Former Union Minister and former President of the ## Saxena, who also headed countrys
Indian Badminton Association, Akhilesh Das died. He external intelligence agency RAW,
was 56. took charge as the Jammu and
Kashmir Governor for the first time
## He also was the Badminton Association of Indias on May 26, 1990 and continued in the post till March
(BAI) President. 13, 1993. He was re-appointed in 1998.
Recently with Australia the Union Cabinet has approved an MoU on cooperation in the field of communicable diseases and mental health.
P
5. E-cinepramaan to censor corruption: M rime Minister Narendra Modi inaugurated the
Venkaiah Naidu. countrys longest road tunnel that links Kashmir
6. Lok Sabha passes all four GST Bills. Valley with Jammu by an all-weather route and
reduces the distance by 31 kms.
7. President approves law that allows paid
The 9-km long Chenani-Nashri Tunnel, built at the cost
maternity leave of 26 weeks. of Rs 2,500 crore, was dedicated to the nation by the Prime
8. President inaugurates river festival Minister in presence of Jammu and Kashmir Governor N N
Namami Brahmaputra. Vohra and Chief Minister Mehbooba Mufti.
9. Union Textiles Minister launches The tunnel, bypassing snow-bound upper reaches, will
reduce the journey time by two hours and provide a safe,
PowerTex India. all- weather route to commuters travelling from Jammu and
10. Six DU colleges among Indias top 10 in Udhampur to Ramban, Banihal and Srinagar.
HRD ministrys ranking. According to the PMO the estimated value of daily fuel
savings will be to the tune of Rs 27 lakh.
11. President of India inaugurates first
NIMCARE World Health Day Summit The tunnel is equipped with world-class security systems,
and is expected to boost tourism and economic activities in
2017.
the state of Jammu and Kashmir.
12. Countrys largest business incubator to
be established in Lucknow. Navy successfully test fires surface-to-air
missile, 25 March 2017
I
13. nakshe Portal launched by Dr. Harsh
Vardhan on 250th Anniversary of Survey n a boost to Indias
martime prowess, the
of India. Navy has successfully
14. PM dedicates Koradi thermal power conducted the maiden
project to nation. trial firing of newly
installed surface-to-air
15. Goyal inaugurates four wind power Barak missile system
plants from its aircraft carrier
INS Vikramaditya.
16. Javadekar launches 17 RUSA projects
During the firing carried out in the Arabian Sea, the missile
17. HRD launches app to track funding, was fired against a live low flying high speed target.
progress of projects
The target was successfully engaged and destroyed.
18. Naval ship dedicated to Chennai city The firing was conducted as part of the Operational
19. Vistadome, Indias First Train with Readiness Inspection of the Western Fleet by Vice Admiral
Glass Ceiling, LED Lights and Rotable Girish Luthra, Flag Officer Commanding-in-Chief of
Western Naval Command, from 21 to 23 March.
Seats Launched
According to the latest ICC One Day International rankings Indias rank is 4th.
R
adha Mohan Singh, Union Minister of Agriculture
and Farmers Welfare, on 23 March 2017, launched
a Coffee Table Book titled 50 Years The Great
Indian Milk Revolution.
The book was launched to commemorate National Dairy
Development Boards (NDDB) Golden Jubilee year.
I
The book summarizes NDDBs remarkable 50-year journey and nformation & Broadcasting Minister M Venkaiah Naidu
the value it has created for millions of dairy farmers in India. launched the online film certification system, e-cinepramaan,
The book also underlines the NDDBs belief that cooperative with an aim to censor corruption and promote clean cinema.
principles are as relevant in the present time as they were Naidu said the new system of Central Board of Film
in the past. It also highlights the Boards efforts towards Certification (CBFC) will make the entire process of
bringing about socio-economic change in rural India. certification transparent and efficient.
About National Dairy Development Board The new online certification system will be an important
## The National Dairy Development Board was set up by step in making the CBFC office paper less and would
an Act of Parliament of India. enable effective monitoring and real time progress tracking
for both CBFC officials and the applicant (producers).
## It is an institution of national importance.
The payments made during the process by the producers
## It was founded by Dr. Verghese Kurien.
will go to Bharatkosh portal.
## The NDDB was created in 1965.
Naidu said the status of each application would be visible
## Its main office is located in Anand, Gujarat. online in the dashboard of the producer and the concerned
## It subsidiaries include IDMC Limited-Anand, Mother CBFC official.
Dairy, Delhi, NDDB Dairy Services, Delhi and Indian The producers will be informed by SMS or e-mail about the
Immunologicals Ltd, Hyderabad. status of their application.
BSF gets first woman combat officer after 51 Lok Sabha passes all four GST Bills, 30
years, 27 March 2017 March 2017
T T
anushree Pareek became the first woman combat he Lok Sabha passed the much-awaited Central
officer to be commissioned in the 51-year history of Goods and Services Tax (GST) Bill, Integrated GST
the BSF, the countrys largest border guarding force. Bill, Compensation GST Bill and Union Territory
Recently with Georgia the Cabinet approved signing of air services agreement (ASA) which will help in establishing air
connectivity between the two countries.
24 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES NATIONAL
The employer is also bound to allow four visits a day to the
creche by a woman.
Every establishment will intimate in writing and electronically
to every woman at the time of her initial appointment
regarding every benefit available under the new law.
An employer can also permit a woman to work from home
after she has availed maternity leave.
In case where the nature of work assigned to a woman is
of such nature that she may work from home, the employer
may allow her to do so after availing of the maternity benefit
for such period and on such conditions as the employer and
the woman may mutually agree.
GST Bill 2017, after negating all the amendments put The law also allows maternity leave of 12 weeks for a woman
forward by the Opposition. who adopts a child below the age of three months, and for
The four GST Bills were passed after an eight-hour commissioning mother (a biological mother who uses her
marathon debate in the Lower House. egg to create an embryo implanted in any other woman).
The government is targeting the roll-out date of July 1 for The entitlement of 26 weeks paid leave under the law is only for
the new indirect tax regime. first two children. A woman with two or more children will be
entitled to 12 weeks of maternity leave, says the law which will
Jaitley said that goods may become slightly cheaper once be applied to all establishments employing 10 or more people.
all other taxes are removed after implementation of GST.
This condition will help approximate 1.8 million women
Replying to a debate on the four bills in the Lok Sabha, he workforce in organised sector, has amended Maternity
said all other taxes like entry tax in states will be removed Benefit Act, 1961 that regulates grant of maternity benefit
once the GST is in place. to women employees in certain establishments.
Clarifying on the tax rate on petroleum products in the The Maternity Benefit (Amendment) Bill was passed by the
regime, Jaitley said that the Council has decided that the Lok Sabha on March 9 and Rajya Sabha on March 20.
petroleum products though they have been included under
GST, will remain zero rated as of now. India is at third position globally in terms of the number
of weeks of maternity leave after Canada (50 weeks) and
President approves law that allows paid Norway (44 weeks).
maternity leave of 26 weeks, 30 March 2017 President inaugurates river festival Namami
Brahmaputra, 01 April 2017
W
omen employees will now be able to get paid
P
maternity leave of 26 weeks, up from 12 weeks,
as per a new law. resident Pranab Mukherjee inaugurated the river
festival Namami Brahmaputra, which is aimed at
President Pranab Mukherjee has given assent to the promoting trade, tourism and cultural aspects linked
Maternity Benefit (Amendment) Act, 2017 that has made to the mighty river.
changes in some of the provisions of over 55-year-old law
entitling certain benefits to women employees. Calling rivers as the carriers of civilisation, the President
said all the old civilisations grew on the banks of rivers - be
The new law makes it mandatory for every establishment it Egyptian, Babylonian, the Indus Valley civilisation or the
with fifty or more employees to have the facility of creche Aryan civilisation.
within a prescribed distance.
Recently Malvika Sinha has been appointed as the new Executive Director of RBI.
S
Assam, the President said he did not face any problems ix Delhi University
even at the height of tension in the state. colleges have made
He said unity in diversity has been the biggest strength of it to the list of top
India despite a population of 1.3 billion. 10 colleges in the country
under a national ranking
The five-day-long festival, tagged as Indias largest river
released by the HRD
festival has been organised across 21 districts of the state.
ministry, with Miranda
Union Textiles Minister launches PowerTex House being ranked at
number one.
India, 03 April 2017
Loyola College (2) in Chennai, Bishop Heber College (4)
in Tiruchirapalli in Tamil Nadu, St. Xaviers College (6) in
Kolkata and Womens Christian College (10) in Chennai
also featured in the top 10 list.
Besides Miranda House, the other Delhi University (DU)
colleges in the list are Shri Ram College of Commerce (3),
Atma Ram Sanatan Dharm College (5), Lady Shri Ram
College for Women (6), Dyal Singh College (8) and Deen
Dayal Upadhyay College (9).
The list announced by HRD Minister Prakash Javadekar
has been prepared on basis of a survey of general
degree colleges under the National Institutional Ranking
Framework (NIRF).
T
Colleges have been ranked for the first time.
he Government has launched PowerTex India,
a comprehensive scheme for powerloom sector The list is full of surprises with DUs ARSD College being
development, simultaneously at over 45 locations in ranked above the prestigious LSR College for Women and
the country. Kolkatas St. Xaviers College. The list has no mention of
prominent DU colleges including St Stephens, Ramjas and
Launching the scheme in Bhiwandi, Thane district, Hindu College.
Maharashtra, the Union Textiles Minister, Smriti Zubin
Irani said that Bhiwandi will be known for resurgence in Also, the ranks have been awarded on basis of a detailed
Powerloom sector. Recalling that the powerloom sector analysis of the data submitted by the universities or
alone employs over 44 lakh people, the Minister said that the colleges themselves. For instance, a college may have
scheme will especially benefit small powerloom weavers. had good placements but may not have filed a high
number of patents. So all these factors have been kept
The comprehensive scheme has the following in mind.
components:
Other DU colleges which have made it to the top 100 list are
## In-situ Upgradation of Plain Powerlooms Keshav Mahavidyalya (15), Shaheed Bhagat Singh College
## Group Workshed Scheme (GWS) (34) and SGND Khalsa College (46).
## Yarn Bank Scheme This ranking has been released in five categories,
## Common Facility Centre (CFC) covering the overall ranking, college, university,
management and engineering category. Indian
## Pradhan Mantri Credit Scheme for Powerloom Weavers Institute of Science ranked top in the overall and
## Solar Energy Scheme for Powerlooms University category, IIT Madras topped the category
of engineering institutions, Miranda House topped the
## Facilitation, IT, Awareness, Market Development and
category of colleges and IIM Ahmedabad has topped
Publicity for Powerloom Schemes
the Management category.
## Tex Venture Capital Fund
According to ADB, Indias GDP for the year 2017-18 will be 7.4 %.
T
He has also issued orders to all the departments to ensure
he President of India, Pranab Mukherjee inaugurated that e-tendering is implemented while awarding government
the first NIMCARE World Health Day Summit 2017 contracts. This will also ensure transparency.
in New Delhi.
The Chief Minister also warned that the service providers
The slogan of the first NIMCARE World Health Day at various Jan Seva Kendras in UP, who are not providing
Summit is, Unite for a Healthy Mind. He stated that proper facilities and service to the public, would face
lack of mental well-being contributes significantly to the stringent action from the government.
total disability and morbidity burden across the world.
Productivity of human beings, whether in workforce or in He directed the officials to speed up the starting of the
family situations, gets reduced significantly if one has any incubator facility at Mathuras Hindustan College and
mental disorder. Mental health disorders span a very wide complete all the necessary formalities in the next 100
range from simple disorders to very complex situations. It days.
is often seen that simpler disorders, if not managed in time, Adityanath also told the department officials to hold special
tend to become more complex putting the patient at higher awareness programme on e-transactions on April 14 to mark
risk of morbidity. Such patients often become a bigger the birth anniversary of Babasaheb Bhimrao Ambedkar.
burden on the families. He has asked the departmental officials to prepare a detailed
The President said that out of all the mental health work plan to establish Electronics Sadan in Lucknow.
disorders, depression is probably the most common.
Depression affects people of all ages from all walks nakshe Portal launched by Dr. Harsh
of life and in all countries. As per the National Mental Vardhan on 250th Anniversary of Survey of
Health Survey 2015-16 conducted by NIMHANS, 5.2% India, 11 April 2017
A
of the Indian adult population suffers from depression in
some form or the other. The problem of depression often new web portal nakshe was launched by the
gets ignored due to lack of understanding on the part of Union Minister for Science & Technology and Earth
family members. The social stigma attached to a mental Sciences, Dr. Harsh Vardhan in New Delhi, on the
disorder, even if it is easily treatable, is also a major occasion of 250th anniversary of Survey of India (SoI).
problem in India. However, people have now started Topographic maps or Open Series Maps (OSM) containing
talking about this issue leading to greater awareness in natural and man-made geographical features including
this respect. He pointed out that traditional Indian values terrain or topography are prepared by the SoI since its
along with our family system, can be good mechanisms inception in 1767 and is in conformity with the National
to support those who suffer from mental health disorders. Map Policy-2005. These OSM maps have been made
He urged medical practitioners to focus on the social available for free download from nakshe web portal in
support systems, spiritual beliefs and practices as well pdf format on 1:50,000 scale through Aaadhar enabled user
as the system of Yoga in their quest for providing well- authentication process, in line with Digital India programme
being to all. of the Government of India.
Countrys largest business incubator to be The Survey of India, the principal mapping agency of
the country is celebrating its 250th anniversary this year.
established in Lucknow, 10 April 2017 Origin of the Survey of India is traced back to Year 1767.
Prime Minister Narendra Modi and his Australian counterpart Malcolm Turnbull inaugurated TERI-Deakin
nanobiotechnology research centre.
27 JUNE/2017/MASTER IN CURRENT AFFAIRS
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It is the oldest scientific department in India and one of the Goyal inaugurates four wind power plants,
oldest survey establishments in the world. Foundation for 17 April 2017
U
the scientific survey and mapping of the country was laid
with The Great Trignometric Survey (GTS) in 19th century nion Power and
on this day i.e. 10th April, 1802, by noted surveyors Col. Coal Minister
Lambton and Sir George Everest. SoI has surveyed and Piyush Goyal
mapped each and every part of the country and these maps dedicated to the nation
have played an invaluable role in the saga of Indias nation 4 wind power plants
building and were pivotal in the foundation of almost all built by NALCO and
major developmental activities of modern India. announced an expansion
plan for the Aluminium major to raise its capacity to 1 MTPA.
The launch of the portal was followed with a curtain raiser
of SoI Geo-portal and Web Services Platform and a panel This is a concrete steps to increase production of NALCO.
discussion on Geospatial Paradigm in India that deals with There is a major expansion programme to raise its capacity
the users perspective on Geospatial Policy Framework in to 1 million tonne per annum, this is a wind units with a
India. A technical presentation on development of the Geoid total capacity of 198 MW. Built at a cost of Rs 1350 crore,
model for country was also made. the plants, unveiled at a function , are located in Rajasthan
(two plants), Maharashtra and Andhra Pradesh, while the
PM dedicates Koradi thermal power project company plans more wind power plants of 120 MW besides
to nation, 15 April 2017 installing solar units.
As part of the expansion plan, the capacity of Nalcos
smelter at Angul is being increased from .46 mtpa to one
mtpa with an investment of Rs 20,000 crore. Another
greenfield plant with .6 mtpa capacity is also proposed to
be set up at nearby Kamakshya Nagar, he said adding work
was already underway to inrease the capacity of alumina
refinery at Damanjodi by one mtpa with an investment of
Rs 5400 crore.
P A
cluster university
rime Minister Narendra Modi dedicated 1980 MW in Jammu and
of the Koradi super-critical thermal power project of Kashmir and
state-run Mahagenco near Nagpur in Maharashtra to language laboratories
the nation. in Jharkhands Ghatsila
The 1,980 MW capacity includes three units of 660 MW College were among the
each, which are now completely operational, marking the 17 projects launched by
completion of the last phase of expansion of the project. HRD Minister Prakash
Javadekar .
The plant currently has one unit of 200 MW, two units of
210 MW each and with the addition of the three units of The projects spread across 14 states have been completed
660 MW each, its total capacity has increased to 2,600 under the Rashtriya Uchchatar Shiksha Abhiyan (RUSA),
MW. a Centrally Sponsored Scheme (CSS) of HRD Ministry
aimed at providing central funding to state higher education
With this, the total generation capacity of Mahagenco now
departments and institutions to achieve the broad objectives
stands at 12,977 MW, which includes coal-fired capacity
of access, equity and excellence.
of 9,540 MW, gas-based capacity of 672 MW, hydro-based
capacity of 2,585 MW and solar capacity of 180 MW. Javadekar also launched a portal with all details of resources
facilitated under the scheme and a Fund and Reform
Modi, who was in the winter capital of the state , also paid
Tracker mobile application.
tributes to Babasaheb Ambedkar at Deekshabhoomi and
attended the inauguration programme of various government In the past three years Rs 2,800 crore has been granted to
schemes, organised by NITI Aayog, at the Divisional Sports various colleges and universities for quality enhancement
Complex, Mankapur. under the scheme and Rs 1,300 crore has beene earmarked
in the budget for this year.
The Underground Railroad has won the Pulitzer Prize for fiction, which is written by Colson Whitehead .
N
The launch was followed by a meeting of the HRD Minister
aval ship INS Chennai was formally dedicated
with Education Ministers from 12 states, secretaries and
to the city in the presence of Chief Minister K
RUSA Nodal officers regarding implementation of the
Palaniswami, Eastern Naval Command, Flag Officer
scheme.
and Commanding-in-Chief, Vice-Admiral, H C S Bisht.
According to a senior HRD official, over 2,000 state
The dedication ceremony of the P15A Guided Missile
universities and colleges have been supported under the
Destroyer was marked by a series of drills and events, besides
scheme so far.
unveiling of a plaque by Palaniswami at the Chennai Port Trust.
Given the commitments made by the states under RUSA
Vice Admiral Bisht in his brief address said the Navy was
on removal of ban on recruitment and filling up of vacant
fully geared to meet the challenges at sea.
positions, many states have started the process of filling
faculty positions. Named after the city, the ship is commanded by captain C R
Praveen Nair and has 45 officers.
HRD launches app to track funding, progress
of projects, 18 April 2017 Vistadome, Indias First Train with Glass
H
Ceiling, LED Lights and Rotable Seats
igher education stakeholders and institutional
Launched, 18 April 2017
leaders will now be able to track the progress
of projects under Rashtriya Uchchatar Shiksha
Abhiyan (RUSA) with the HRD Ministry launching a Fund
and reform tracker.
The Ministry has also signed a Memorandum of
Understanding with the Indian Space Research Organisation
(ISRO) for geo-tracking of the RUSA projects.
To re-imagine our classrooms, be in sync with time
W
and technology and engage stakeholders in constant ith Suresh Prabhus countless accomplishments
conversation to do and achieve more, is the aim of this in a bid to make Indian Railways the marvel that
application besides being sort of a report card of states with it has become now, theres hardly any room for
details of their higher education policies, plans and best us to ask for anything.
practices.
With cleanliness, world-class technology, quick responses,
He said the interface would be available for the central reduced grievances, agile booking facilities and a lot more,
government, the state higher education stakeholders and services with Indian Railways have touched a new high. But
institutional leaders, apart from thousands of vendors that doesnt stop Prabhu from improvising.
panned across India.
Aiming to provide a delightful travelling experience
RUSA is a centrally-sponsored scheme (CSS) of HRD to the picturesque Araku valley in Visakhapatnam, the
Ministry aimed at providing central funding to state higher Railways introduced a see-through Vistadome coach on its
education departments and institutions to achieve the broad Visakhapatnam-Kirandul passenger train.
objectives of access, equity and excellence.
Railway Minister Suresh Prabhu flagged-off the train
The app will capture the fund allocation as per the Project through a video link from Bhubaneswar.
Approval Board, the instalment-wise fund release by
the Centre and the state, the institution-wise key project, The specially-designed Vistadome air-conditioned coach,
vendors appointed and the payment made to them as also claimed to be a first-of-its-kind in Indian Railways, has
stage- wise photos and time stamps of payments made and large glass windows and an observation lounge that offer
comments entered. passengers a panoramic view of the sites along the 128-km
rail route from Visakhapatnam to Araku valley hill station.
Every initiative will be tagged with a unique ID number,
thus providing the entire story of how an idea germinated A unique feature of this Rs 3.38 crore 40-seat coach is the
and matured. double-wide reclining passenger seats that could be rotated
360 degrees for a better sightseeing experience.
The dashboard will give an overall picture of the scheme
and the state-wise performance of the impact that the The coach also has a glass-domed ceiling, automatic sliding
programme has made. doors and a multi-tier luggage rack.
Recently Neil Gorsuch has sworn in as the new judge of the US Supreme Court.
T
1. Bihar launches free WiFi for students. he Bihar government
launched an
2. Assam Government launches SaCReD ambitious programme
initiative to make Majuli carbon neutral to provide free WiFi facilities
island. in colleges and universities.
Chief Minister Nitish Kumar
3. SHGs to carry banking services to remote formally launched free WiFi facilities for students on the
areas in Odisha. occasion of Bihar Divas celebrations .
He said free Wi-Fi facility in college and university
4. AAI, DRDO and Govt. of Jharkhand campuses was part of the seven decisions of the Grand
Signed a Tripartite MoU for Development Alliance government in Bihar to promote governance.
of Deoghar Airport in Deoghar district of The objective is to provide free Wi-Fi facility to help youths
Jharkhand. to move ahead in life and to become digital smart.
He said Internet had become a part of daily life.
5. MP Govt launches app to provide
Earlier, Nitish Kumar said youths, particularly students,
municipal services online. should use this facility to download books instead of films.
A
7. E-vetting of replies implemented in
ssam Government
Haryana police department. launched Sustainable
Action for Climate
8. Haryana education department launches Resilient Development
catchup program for pre-promotion (SaCReD) Initiative to
learning. develop Majuli, the worlds
largest river island, as
9. PM Modi lays foundation stone of multi- the countrys first carbon
modal terminal on River Ganga in neutral district. It was launched by state Chief Minister
Sarbananda Sonowal on the occasion of International Day
Jharkhand. of Forests (observed on March 21). Key facts SaCReD
Initiative will also ensure that infrastructure in Majuli has
10. Maha govt inks MoU with Tata Trusts to less carbon. It aims to battle climate change and reduce
fight malnutrition. greenhouse gas emissions. The will also aim to make the
Majul island a biodiversity heritage site (BHS), first in the
11. Vidya Balan to be brand ambassador of state in order to preserve its rich heritage and legacy. State
Jharkhands silk. Government also launched registry in Majuli to record and
analyse the climate impact of all proposed projects in the
12. MP Govt to launch a Yojana to provide district. Forests are Lives campaign was also launched
subsidised food to the poor. to underline the importance of Assams rich forest and
biodiversity. It urges people to take a pledge to conserve its
13. AP: Naidu lays foundation stone for Rs biodiversity to make the state pollution free.
100-cr Ambedkar Park. Sonowal also launched through remote a registry in Majuli
which would record and analyse the climate impact of all
14. MP inks pacts for Rewa ultra mega solar proposed projects in the states newest district. He said the
power park Sustainable Actions for Climate Resilient Development
(SaCReD) Initiative would ensure that infrastructure in
Majuli had less carbon.
Recently eBay & Flipkart companies have agreed to jointly pursue opportunities in the Indian market.
30 JUNE/2017/MASTER IN CURRENT AFFAIRS
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The chief minister also launched Forests are Lives of Deoghar Airport in Deoghar district of Jharkhand. The
campaign to underline the importance of Assams rich forest existing Deoghar Airport will be developed for operations
and biodiversity and urged all to take a pledge to conserve of A-320 and C-130 Aircraft.
its biodiversity to make the state pollution free. The Govt. of Jharkhand has acquired 600.34 acres of
He also directed to celebrate the International day of forest land which will be handed over to AAI apart from the
from next year in every school of the state to generate more existing 53.41 acres Deoghar Airport land. DRDO, Govt.
awareness among students to conserve nature. He urged all of Jharkhand and AAI will provide Rs. 200 Crores, Rs.
parents to gift one sapling to their children on their birthdays 50 Crores respectively to develop, operationalize and
and inspire them to plant trees at all available spaces in their maintain the airport. The time frame given to develop and
household premises. operationalize the Deoghar Airport is two years.
SHGs to carry banking services to remote MP Govt launches app to provide municipal
areas in Odisha, 28 March 2017 services online, 03 April 2017
O T
disha became the he Madhya Pradesh
first state in the government has
country to carry launched an app to
financial inclusion and provide various municipal
extend banking services services online.
to unbanked areas through The mobile app MP
Self Help Groups (SHGs). e-nagarpalika was
The state government launched by state Chief
signed an agreement with Minister Shivraj Singh
State Bank of India in this regard. Chouhan.
Rajnish Kumar, Managing Director, National Banking Chouhan said citizens should get the services on time.
Group of the State Bank of India said that this is a historic
Citizens should get the municipal services conveniently and
agreement to leverage the reach and resources of Odisha
Livelihood Mission (OLM) under which SHGs operate, on time. There is no paucity of funds in urban bodies. Rs
to provide banking facilities to people in unbanked areas. 83,000 crore will be spent in the next three-four years for
Odisha is a pioneer state in carrying forward financial development in states urban bodies.
inclusion through close cooperation between SHGs and Urban Development Commissioner Vivek Agrawal said
banks. 378 services of urban bodies would be available round the
AAI, DRDO and Govt. of Jharkhand Signed a clock on this app.
Tripartite MoU for Development of Deoghar This app would offer 378 services like online payment of
Airport in Deoghar district of Jharkhand, 29 property tax, seeking building permission, birth/ marriage/
March 2017 death certificates etc. It will also register complaints related
to garbage, water, streetlights etc. Online payment gateway
would be available on this app.
M
izoram has
become the
27th state
to join UDAY scheme
meant for revival of
debt-stressed discoms
which will help get
A
irports Authority of India, Defense Research and overall benefits of Rs
Development Organization (DRDO) and Govt. of 198 crore during the
Jharkhand signed a tripartite MoU for development period of turnaround.
On the occasion of 250th anniversary of Survey of India(SoI) Union Minister for Science & Technology and Earth Sciences,
Dr. Harsh Vardhan in New Delhi, launched a portal nakshe .
31 JUNE/2017/MASTER IN CURRENT AFFAIRS
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The Government of India and the State of Mizoram signed
a Memorandum of Understanding (MoU) under the scheme
Ujwal DISCOM Assurance Yojana (UDAY) on March 31,
2017 for operational improvement of the states Power
Distribution Department.
According to the statement, with the signing of MoU by
Mizoram, the total states/Union territories covered under
UDAY will be 27.
Mizoram would derive an overall net benefit of about Rs
198 crore by way of cheaper funds, reduction in aggregate
technical and commercial (AT&C) and transmission losses
and interventions in energy efficiency during the period of
turnaround. The aim of this programme is to prepare children for new
E-vetting of replies implemented in Haryana classes in the beginning of the new session by way of
interesting and activity-oriented informal learning.
police department, 04 April 2017
T
He said the Catchup Programme would be undertaken in the
he ambitious e-vetting system of replies to be filed first two months of the session.
in the court has been implemented in the Haryana
police department. This would help develop learning abilities and skills the
students could not obtain in their classes due to some
Now, police officials will no more be required to make reasons.
frequent rounds of the Punjab and Haryana High Court in
connection with filing of replies in court cases. PM Modi lays foundation stone of multi-
The e-vetting system has been designed to allow officials modal terminal on River Ganga in
concerned to get their replies or affidavits filed on time. The Jharkhand, 07 April 2017
online system would cut down on unnecessary delays in
vetting of replies.
Singh, who is also the Nodal Officer for the e-vetting
project, informed that a meeting was held with all Deputy
Superintendents of Police in which user ID and password
was given to them.
With this, a police personnel can upload reply online from
their respective offices to the AG office which would be
vetted by law officers and filed in court.
The e-vetting system, jointly developed by the AG office
P
and the NIC, is cost effective and time saving. It will soon
rime Minister Narendra Modi laid the foundation
be implemented in other departments too.
stones of several development projects including
It will save about Rs 1 crore every year as over 21,000 a multi-modal terminal and a four-lane bridge over
police personnel will not have to make visits of the AG River Ganga at Sahebganj in Jharkhand.
office for getting replies vetted.
Key highlights of PM visit to Jharkhand
Haryana education department launches ## He laid down the foundation stone of Sahibganj-
catchup program for pre-promotion learning, Manihari 4-land Bridge over river Ganga in Sahibganj.
06 April 2017 ## He also dedicated the 311-kilometer long Govindpur-
S
Sahibganj Highway to the nation.
chool Education Department of Haryana has launched
Skill Passbook and Catchup Programmes to improve ## He laid the foundation stone of the River Port Terminal
the quality of education in government schools. on the river Ganga at Sahibganj.
The state government has decided to start a Class Readiness ## He dedicated the 90 KWP solar power unit in Sahibganj
Programme (CRP) to utilise the early learning days in the District Court and the 70 KWP solar power unit at
new academic session. Sadar hospital, Sahibganj.
Runaya Metsource has signed an agreement with Russian aluminium firm UC Rusal for a joint venture in India.
32 JUNE/2017/MASTER IN CURRENT AFFAIRS
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## He distributed certificates to 956 newly appointed
constables of special Pahadia Battalion.
## He also distributed 1 lakh smart phones to women
entrepreneurs of Sakhi Mandal. This will help in
adding a momentum to the less cash and Digital
Jharkhand Campaign.
Speaking after laying the foundation stones, Modi stated
that these projects will provide employment to the people
of Jharkhand and skill development will also be boosted. The scheme named after late political leader Deendayal
He also stated that the development is the only key to Upadhyay aims to provide food to the poor in urban areas
improve lives of the people of the state. The government at a subsidised rate. It would be launched in 51 district
is committed to serve the tribal communities through headquarters across the state in the first phase.
development. The yojana will be inaugurated by the states Chief Minister
Shivraj Singh Chouhan at Gwalior.
Maha govt inks MoU with Tata Trusts to fight
malnutrition, 08 April 2017 Key Highlights
T
## The scheme involves opening of canteens that will
he Maharashtra
provide a full meal at Rs 5.
government signed
a Memorandum ## The meal would include four rotis, one sabzi, and dal.
of Understanding (MoU) ## The Thali would be made available from 11 am to 3
with Tata Trusts to fast pm.
track efforts for eliminating
## Aside from this, wheat and rice would also be made
malnutrition in Palghar and other districts of the state.
available at the canteens at Rs one each through fair
The MoU was signed by Woman and Child Welfare price shops.
department and Tata Trusts in the presence of Chief Minister
## Local municipal bodies will ensure availability of
Devendra Fadnavis.
water and electricity completely free of cost.
Tata Trusts will work on growth monitoring, Anganwadi
## The funds required for the setting up of these centres
data digitisation, analysis and integrations of efforts of
would be provided under the Chief Ministers Urban
agencies working in these areas.
Infrastructure Scheme.
Another MoU also signed in presence of Fadnavis between
## The arrangement is aimed to feed at least 2000 people
Tata Trusts and Animal Husbandry department for milk
at a time.
fortification as per government standards for vitamin A and B.
## More centres will be opened in the big cities depending
Vidya Balan to be brand ambassador of upon the need.
Jharkhands silk, 10 April 2017 According to the Urban Development Minister Maya Singh,
B
ollywood actor Vidya the Deendayal Rasoi Yojana will be implemented in at least
Balan will be the one place in every district headquarters. Along with this,
brand ambassador of the Minister assured that though the food would be cheap,
silk materials produced in it would be delicious, nutritious and of a very good quality.
Jharkhand. The schemes smooth implementation would be monitored
She agreed to become the by the District Level Coordination and Monitoring
brand ambassador after Jharkhands Chief Minister Committee.
Raghubar Das told her that it would help people engaged
in silk production.
AP: Naidu lays foundation stone for Rs 100-cr
Ambedkar Park, 14 April 2017
A
MP Govt to launch a Yojana to provide
ndhra Pradesh Chief Minister N Chandrababu
subsidised food to the poor, 10 April 2017 Naidu laid the foundation-stone for the Rs 100 crore
T
he Madhya Pradesh government launched Deendayal Dr B R Ambedkar Smriti Vanam (memorial park)
Antyodaya Rasoi Yojana in its districts on 7 April at Inavolu village, marking the 125th birth anniversary of
2017. the architect of Indian Constitution.
Reliance Power has signed project agreements with Bangladesh Power Development Board (BPDB) for Phase I of the 750 MW
liquified natural gas power project in Dhaka.
33 JUNE/2017/MASTER IN CURRENT AFFAIRS
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He also laid the IFC, a member of the World Bank Group, is the lead
foundation-stone transaction advisor for this project that will mobilise USD
for a 126-ft statue 550 million in private investment and avoid a million tonnes
of Ambedkar that of GHG (Greenhouse gas) emissions.
will come up in According to the statement, the project is led by Rewa
the park, spread Ultra Mega Solar Limited (RUMSL), a joint venture
over a 20-acre between the Solar Energy Corporation of India (SECI)
site. and Madhya Pradesh Urja Vikas Nigam Limited
The Smriti Vanam will have a multi-purpose Convention (MPUVN).
Hall with a seating capacity of 3,000 persons. The first year tariff for the project had dropped to an
A Buddhist Dhyana Kendram (Meditation Hall), Dr B R all-time low of Rs 2.97 per unit under a competitive
Ambedkar Memorial Library with his collected works and bidding.
thoughts, Memorial Park with aesthetic and landscaped The Rewa solar park transaction will have an enormous
gardens and an Open Air Theatre with a seating capacity ripple effect, helping create new markets for large solar
of 2,000 people with facilities for conducting multi-media projects across India and the region, Philippe Le Houerou,
shows are some of the other features of the Smriti Vanam. IFC Executive Vice President and CEO.
The state government has allotted Rs 97.64 crore for the The 750 MW capacity project was auctioned in three
project that is expected to be completed in 24 months. This packages of 250 MW each, and will be one of the biggest
includes Rs 25 crore for the 126-ft statue. single site solar project in the world. The three winning
MP inks pacts for Rewa ultra mega solar bidders for the project are Mahindra Renewables, ACME
Solar, and Solar energy Power.
power park, 18 April 2017
W
The winning bidders signed two sets of power purchase
orld Bank Group IFC has said that Madhya agreements with the Madhya Pradesh Power Management
Pradesh has signed project agreements with Corporation Ltd (MPPMCL) and the Delhi Metro Rail
solar power companies for Rewa Ultra Mega Corporation.
Solar Park.
The International Cricket Council (ICC) has named Intel as its Innovation Partner for the upcoming ICC Champions Trophy 2017.
T
on partnership for Cyber Security. he Union
2. World Bank inks $100 mn healthcare Cabinet, presided
deal for Uttrakhand. by Prime
Minister Narendra
3. China inks $4.6 billion deal for Australia Modi, was apprised
mine project. of the Memorandum
of Understanding
4. Book commemorating 70 years of United
(MoU) signed between
Nations-India engagement. the Indian Computer
5. Pro-China Carrie Lam becomes Hong Emergency Response
Kongs 1st woman leader. Team (CERT-ln) and the US Homeland Security Department
on cooperation in the field of Cyber Security.
6. Pak, S Africa sign first defence MoU.
The MoU was signed on 11 January 2017 in New Delhi.
7. Sima Kamil becomes 1st woman to lead
The agreement aims to promote closer co-operation and
a major Pakistani bank. exchange of information pertaining to the Cyber Security
8. Anil Ambani inducted on Atlantic in accordance with the relevant laws, rules and regulations
Council advisory board. and on the basis of equality, reciprocity and mutual benefit.
9. TCS, Discovery Education launch Ignite About Indian Computer Emergency Response Team
My Future in School. ## The CERT-In is the Government organisation under
Ministry of Electronics and Information Technology.
10. Ali Javed becomes first Muslim to join
## It is a nodal agency that deals with cyber security
NYPDs Emergency Services Unit.
threats like hacking and phishing.
11. India, Malaysia sign 7 agreements. ## It strengthens security-related defence of the Indian
12. Nobel laureate Malala Yousafzai to Internet domain.
address Canada Parliament. ## In December 2013, the organisation had reported a
13. Indian, Malaysian firms exchange MoUs rise in the cyber-attacks on Government organisations
like banking and finance, oil and gas and emergency
worth $36 bn.
services.
14. Cabinet approves MoU between India, ## In March 2014, the organisation had also reported a
Australia on communicable. critical flaw in Android Jelly beans VPN implementation.
15. Cabinet clears signing of air services Background
pact with Georgia. On 19 July 2011, the United States and India had signed a
16. Israel signs USD 2 billion missile deal MoU to promote a closer cooperation and timely exchange
with India. of information between the organizations of their respective
Governments responsible for Cyber Security.
17. India, Russia sign declaration to promote
Since July 2011, regular interactions between CERT-In and
ties in innovation. US CERT are taking place to share the information and
18. Congo president announces new prime discuss cyber security related issues.
minister.
World Bank inks $100 mn healthcare deal for
19. Reliance Power signs deal worth $1 bn Uttrakhand, 24 March 2017
T
from Bangladesh Power Board.
he World Bank signed a USD 100 million credit
20. India-Australia signed six agreements agreement with the Centre and Uttarakhand to
including cooperation in civil aviation improve quality of healthcare services in all 13
security districts of the state.
According to the Randstad Salary Trends Study 2017, Bengaluru city has been ranked the top-paying city for professionals in India.
C
hina-backed bureaucrat Carrie Lam was elected
as Hong Kongs first woman Chief Executive
who quickly pledged to heal the divisions in the
gleaming territory which has seen unprecedented demands
for democracy and protests at the Communist giants
A
growing influence.
state-owned Chinese construction giant sealed
a deal to build a Aus$6 billion (US$4.6 billion) Lam, 59, won 777 votes from the 1,194-member Election
mining infrastructure project to tap into resource- Committee, made up of mostly Beijing-loyalists. She is the
rich northwestern Australia. first woman to be elected to the post.
Sydney-based BBI Group (BBIG) said the agreement with The former chief secretary defeated ex-finance chief John
the China State Construction Engineering Corporation Tsang Chun-wah and retired judge Woo Kwok-hing, who
(CSCEC) to develop the mine, port and rail project would took 365 and 21 votes respectively.
create a new gateway to the Pilbara region for iron ore In Hong Kong, chief executive is not chosen by public vote,
exporters. but by a 1,200-strong committee dominated by pro- Beijing
China -- the worlds biggest commodities consumer -- is electors.
Australias largest trading partner, with the signing taken Hong Kong merged with Chinese mainland in 1997
place during a meeting between Prime Minister Malcolm under the one country two systems principle worked out
Turnbull and Premier Li Keqiang in Canberra. between Britain and China. The principle grants certain
degree of autonomy from Beijing to Hong Kong which is
Book commemorating 70 years of United officially called the Hong Kong Special Administrative
Nations-India engagement, 25 March 2017 Region.
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he United Nations came out with a commemorative In the last three years, Hong Kong was beset with divisions
work marking 70 years of Indias relationship with over increasing demand for political reform for democracy
the global body. and independence.
The book Seven Decades and Beyond: The UN-India Pak, S Africa sign first defence MoU, 28
Connect traces the journeys of India and the UN as they
have informed and enriched each other over the past seven
March 2017
Recently Mahesh Kumar Jain took over as the new managing director and chief executive officer of IDBI Bank.
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akistan and South Africa signed the first MoU to fostering development and cooperation.
strengthen defence ties, especially defence industrial
production and exchange of military information and TCS, Discovery Education launch Ignite My
training of armed forces. Future in School, 29 March 2017
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The Memorandum of Understanding on Defence and T major TCS
Defence Industrial Cooperation was signed in Islamabad partnered with
during the visit of South African Defence Minister Nosiviwe Discovery Education,
Mapisa-Naqkula. a digital education content
Under the MoU, a Joint Defence Committee will be set up provider, to launch an
to pave the way for strengthening and diversifying bilateral initiative to transform US
defence cooperation through collaborative programmes, education by embedding
exchange of information and training of the armed forces. computational thinking
and problem solving into
The MoU has paved the way for military technical core school subjects.
agreement between Pakistan and South Africa, she said
after signing the agreement with Pakistan Defence Minister Ignite My Future in School, is a multi-million dollar
Khawaja Asif. initiative to use computational thinking as a catalyst to
transform education in America.
Sima Kamil becomes 1st woman to lead a This programme will enable educators, administrators
major Pakistani bank, 28 March 2017 and school districts to become ambassadors of a
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transdisciplinary approach and introduce computer
ima Kamil, a
science within the context of core subjects such as English,
veteran banker
mathematics and others.
was appointed
President and CEO of Ignite My Future in School will engage 20,000 teachers
the United Bank Limited and more than one million students over the next five years.
(UBL), becoming the Starting this year, it will be rolled out in school districts
first woman to lead a in 10 US cities and will also be available across the US
major Pakistani bank through a virtual digital platform.
in the conservative More than 3,000 TCS employees will be involved as
Muslim nation. mentors and support the building of local coalitions in each
Kamil, who will initially serve as deputy CEO at UBL, city.
is slated to take over the top slot after May 31, when the
current CEO Wajahat Hussain leaves the company. Ali Javed becomes first Muslim to join
The United Bank Limited is one of the big five commercial
NYPDs Emergency Services Unit,
banks in Pakistan. 03 April 2017
S
ergeant Ali
Anil Ambani inducted on Atlantic Council
Javed made
advisory board, 28 March 2017 history by
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eliance Group Chairman Anil Ambani has been becoming the first
inducted on the international advisory board of Muslim to join the
global think-tank Atlantic Council that has among its Emergency Service
members former US National Security Advisor Zbigniew K. Unit of the New York
Brzezinski and former Australian Prime Minister Kevin Rudd. City Police Department (NYPD).
Kenichi Yokoyama has taken over as the new Country Director of India Resident Mission of the ADB.
C
India, Malaysia sign 7 agreements, anadas prime
03 April 2017 minister has
announced that
Nobel laureate Malala
Yousafzai will address
his countrys Parliament
and receive the honorary
citizenship bestowed
upon her in 2014.
Justin Trudeau says the
19-year-old Pakistani activist will become the youngest
person to address the body when she visits April 12.
Trudeau said that he and Yousafzai will also discuss
empowering girls through education.
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Yousafzai was 15 when she shot in the head by Taliban
ndia and Malaysia signed seven agreements, including militants while returning from school. She was targeted due
in the areas of civil aviation and human resources to her advocacy for womens education.
development, following delegation-level bilateral talks
headed by Prime Ministers Narendra Modi and Najib Razak. Yousafzai was initially treated in Pakistan and later flown
to a hospital in Britain. She won world acclaim for her
An agreement was signed by External Affairs Minister campaign and was awarded the Nobel Peace Prize in 2014.
Sushma Swaraj and Malaysian Minister of Transport She is one of just six people to receive honorary Canadian
Liow Tiong Lai to boost air services between the two citizenship.
countries.
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ndian and Malaysian firms signed 31 pacts envisaging with Georgia, 06 April 2017
investments of about USD 36 billion in sectors including
construction, pharma and education.
These MoUs were exchanged in the presence of Malysian
Prime Minister Mohd Najib Tun Abdul Razak and
Commerce and Industry Minister Nirmala Sitharaman.
Addressing business leaders from industry bodies including
FICCI, Najib said this whopping figure of USD 36
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billion is an indication of positive feelings, sentiments and
assessment of the business communities of the both sides he Cabinet approved signing of air services agreement
for each other. (ASA) with Georgia, which will help in establishing
air connectivity between the two countries.
Najib, accompanying a huge business delegation, is
currently on a six-day visit to the country. He has held talks ASA is the basic legal framework for any air operation
with Prime Minister Narendra Modi on wide ranging issues between two countries.
including trade ties and counter-terrorism. The agreement will help establish air connectivity between
The Indian firms that signed the MoUs include Adani Ports the two nations and has the potential to spur greater trade,
and Special Economic Zone Ltd; Adani Realty; Natco investment, tourism and cultural exchange.
Pharma Ltd; VBC Fertilisers Chemicals; Andhra Pradesh The Cabinet, chaired by Prime Minister Narendra Modi,
Gas Distribution Corporation; GMR Energy Ltd, National cleared the signing of the ASA between India and Georgia.
Buildings Construction Corporation Ltd and Jaiprakash Under the ASA, both countries can designate one or more
Associates. airlines and they will have the right to establish offices in the
Mumbai Dabbawala Association also inked a pact with territory of each other for promotion and sale of air services.
Malaysian Palm Oil Council.
Cabinet approves MoU between India and
The Malaysian firms that exchanged the agreements include
Sime Darby Property Berhad; MMC Ports Holding Sdn France on Technical Cooperation in Civil
Bhd; Malaysia Resources Corporation; Isomeric Holdings; Aviation, 06 April 2017
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TNB Repairs & Maintenance; Malaysian Palm Oil Council; he Union Cabinet chaired by the Prime Minister
and CIDB Holdings. Narendra Modi has given its approval to the
MoU between India & Australia on Memorandum of Understanding (MoU) between
the Airports Authority of India (AAI) and its French
communicable diseases, 06 April 2017 counterpart, Civil Aviation Authority (DGAC), France to
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he Union Cabinet implement Technical Cooperation Program in civil aviation
approved a MoU sector.
between India and The Technical Cooperation Program will be beneficial for
Australia on cooperation in enhancement of skills and expertise of AAIs officers.
the field of communicable
This MoU is also beneficial for imparting training of
diseases and mental health.
engineers, technicians, managers etc.
Recently Sunita Sharma and B Venugopal were appointed as Managing Directors in LIC.
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in the opposition
srael has signed a USD coalition known as
2 billion contract with the Rassemblement
India to supply it with that signed a political
missile defence systems. agreement with
Israel Aerospace the ruling party in
Industries (IAI) in an December.
announcement said that
it has been awarded
Reliance Power signs deal worth $1 bn from
its largest defence contract of almost USD 2 billion for Bangladesh Power Board, 11 April 2017
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supplying advanced medium-range surface-to-air missile eliance Power executed
systems (MRSAM) to India. project agreements
IAI said it would also supply additional long-range air with Bangladesh Power
and missile defence systems (LRSAM) for the first locally Development Board (BPDB)
produced Indian aircraft carrier. for Phase I of the 750 MW
liquefied natural gas (LNG)
The contract is worth USD 1.6 billion for IAI, with the rest
power project at Meghnaghat,
going to another state-owned defence company Rafael that
near Dhaka.
will be providing components for the systems.
The Phase I of the power project and LNG terminal will
India, Russia sign declaration to promote ties entail an investment of $1 billion (Rs 6,500 crore).
in innovation, 08 April 2017 The exchange took place in the presence of Bangladesh
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ndia and Russia signed Prime Minister Sheikh Hasina, at a business summit
a joint declaration to organised by the Confederation of Indian Industry.
stimulate cooperation in the Reliance Power has also signed a memorandum of
field of promoting innovation understanding (MoU) with PetroBangla to set up a 500
ecosystem between the two mmscfd LNG terminal at Kutubdia Island near Chittagong
countries. in Bangladesh.
The declaration was signed between the Department
of Science and Technology and Ministry of Economic
India-Australia signed six agreements
Development of the Russian Federation on the sidelines of including cooperation in civil aviation
the Global R&D Summit 2017. security, 12 April 2017
Stating that India and Russia are natural partners on
innovation, Secretary, Department of Science and
Technology, Ashutosh Sharma said that with increased
people to people contact we will take the relations to new
heights through this joint declaration. As per the declaration,
the two countries will strive to deepen cooperation to promote
innovation and technology entrepreneurship through
promotion of development of long-term cooperation, co-
innovation and direct contacts between Russian and Indian
Innovation clusters and also business associations, techno-
parks, business-incubators, high-tech companies, start-up
enterprises, educational and research institutions.
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minister, 08 April 2017 ndia-Australia signed six agreements between India and
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resident Joseph Kabila has named a politician Bruno Australia to boost the bilateral cooperation between the
Tshibala who was recently kicked out of Congos main two nations. The signed agreements include cooperation
opposition party as the countrys new prime minister. in combating international terrorism and transnational
organised crime.
Recently eBay & Flipkart companies have agreed to jointly pursue opportunities in the Indian market.
U
elusive during the visit of PM Turnbull. The two sides N Postal Administration (UNPA) will issue a
also failed to conclude negotiations for Comprehensive set of stamps showing 10 yoga asanas (poses) to
Economic Cooperation Agreement (CECA). commemorate the International Day of Yoga on
In addition to this, lack of a commercial contract between June 21 in New York.
the two countries has not allowed Australia to supply The 10 stamps of $1.15 denomination each depict a
uranium to India, even after the two nations signed a civil different yoga pose next to a large Om in Devanagri
nuclear cooperation three-year ago. script.
PM Turnbull also announced that his country has decided The stamps are on a single sheet with a picture of the UN
to join the International Solar Alliance put together at PM Secretariat building that has International Day of Yoga
Modis initiative. The two leaders also remotely inaugurated projected on it.
a Nano-technology research centre which was jointly
established by TERI Institute and the Deakin University of In 2016, the UNPA issued a stamp in honour of M.S.
Australia. Subbalakshmi, the classical Carnatic music singer, to
commemorate the 50th anniversary of her 1966 concert at
AAI, French civil aviation authority sign MoU the UN.
to boost tie, 14 April 2017 The UN stamps can be used for posting letters and packages
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internationally from UN facilities in New York, Geneva and
he Airports Authority of India (AAI) signed a
Vienna.
Memorandum of Understanding (MoU) with the
French civil aviation authority DGAC to further However, the yoga stamps would be issued only in the US
technical cooperation between the two countries. dollar denomination in New York.
Runaya Metsource has signed an agreement with Russian aluminium firm UC Rusal for a joint venture in India.
B
haratiya Mahila Bank (BMB) will be merged with
5. Aditya Puri features in worlds 30 best the countrys largest lender State Bank from April 1
CEOs list by Barrons. to ensure greater banking outreach to women.
6. SBI launched Unnati Credit Card to According to government gazette notification this (merger)
spread credit inclusion. shall come into effect on April 1, 2017.
7. ADB approves USD 175 mn loan to The undertaking of the BMB as it stood immediately before
the effective date shall, without any further act, instrument
Power Grid Corp.
or deed, stand transferred to, and vest in SBI.
8. Indias GDP growth to pick up again to Following the notification, SBI proposes to seek the approval
7.6 pc next year: DBS. of executive committee of central board on March 24.
9. Weak market, low salary budget to keep Every permanent and regular officer or other permanent
average increment flat at 9.7%: KPMG. and regular employee of the BMB (except the Board of
Directors) serving in the employment immediately before
10. Aditya Birla Group gets RBI licence to the effective date will become employee of the SBI.
start payments bank.
BOI sells entire 5% stake in TransUnion
11. BHEL sets up over 45K MW capacity;
CIBIL for Rs 190.62 cr, 23 March 2017
beats 12th Plan target.
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ublic sector
12. YouTube Go beta app launched in India. lender Bank
13. Indias growth to accelerate to 7.4% in of India (BOI)
2017-18: Asian Development Bank. has sold its entire
5 per cent stake in
14. NEFT transfer to get quicker as RBI cuts credit information
clearance time. firm TransUnion
CIBIL Ltd to
15. RBI permits banks to invest in REITs TransUnion International Inc for Rs 190.62 crore.
and InvITs.
Bank of India said in a regulatory filing the Bank has sold its
16. RBI surprises with reverse repo hike. entire stake of 5 per cent (12, 50,000 shares) in TransUnion
17. Indias Internet economy to reach $250 CIBIL Ltd to TransUnion International Inc (TUI). The deal
was concluded on March 22 at the rate of Rs 1,525 per
bn by 2020: Report. equity share for a total consideration amount of Rs 190.62
18. EBay, Flipkart partner to maximize crore.
India e-commerce opportunities. CIBIL, which began operations in August 2000, was
formed as a joint venture between banks and TransUnion.
19. Postal Department, SBI join hands to
Lenders including State Bank of India and HDFC have sold
promote cashless transactions. stakes to TransUnion in the past.
20. Micromax ropes in Anil Kapoor as Shares of Bank of India were trading 0.36 per cent higher
brand ambassador. at Rs 126.25 on BSE.
Recently Anil Kapoor has been appointed as the new brand ambassador of Micromax.
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still holds 26 per cent.
inancial services company Tata Capital launched a
mobile app myLoan to extend its personal loans Aditya Puri features in worlds 30 best CEOs
offering to young and mobile savvy audience.
list by Barrons, 27 March 2017
H
The app - myLoan is a social profile based personal loan
mobile application. DFC Bank
managing
It will make a real-time assessment of the borrowers loan director
application through an algorithm, using a mix of digital, Aditya Puris name
social and financial data. has featured in the
Digital data allows for a more holistic picture of a customer list of worlds 30 best
than financial metrics. With the launch of the app, the aim CEOs, published by
is sustain its digital presence through new and unique American financial
application that uses financial and alternate information magazine Barrons.
during the borrowers credit analysis. Puri, 66, has transformed HDFC Bank from a start-up into
one of the worlds highest-quality banks, generating eye-
SBI Life plans IPO; SBI to dilute 10% stake
popping returns by maintaining lending standards while
in insurer, 25 March 2017 expanding beyond corporate loans into a full-service retail
S
tate Bank of bank .
India (SBI) According to the magazine, a 2014 trip to Silicon Valley
said it plans made Puri a digital evangelist.
to dilute 10 per cent
of its stake in the life SBI launched Unnati Credit Card to spread
insurance venture credit inclusion, 29 March 2017
SBI Life through
public offer.
The Executive
Committee of
Central Board in its meeting accorded in-principle approval
for initial public offer (IPO).
The board has given approval to initiate process of offer
for sale of 10 per cent of shares through initial public
offer.
S
SBI also said it is exploring the possibility of diluting 8 per
BI Card launched the Unnati Credit Card to
cent stake sale of SBI Life through IPO out of 10 per cent
spread credit inclusion among masses. The
Offer for Sale.
card was launched by the Union Minister of
SBI Life Insurance is a joint venture between the bank State (Independent Charge) for Power, Coal, New
and BNP Paribas Cardif. SBI owns 74 per cent of the total and Renewable Energy and Mines Piyush Goyal at a
capital and BNP the rest. programe in New Delhi.
BNP ruled out increasing its stake in SBI Life to 49 per cent Features of Unnati:-
ahead of the proposed initial public offering slated for next
## The card is targeted at all SBI customers, including the
year.
Jan Dhan account-holders across the country. And, It is
The insurer has an authorised capital of Rs 2,000 crore and primarily tailored for new users of credit cards, those
a paid up capital of Rs 1,000 crore. who do not have a credit history.
Recently with Australia, India has signed five agreements for the development of sports in both the countries.
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pay electricity, telephone, mobile and other utility bills. ccording to DBS report Indias GDP growth is
ADB approves USD 175 mn loan to Power expected to pick up again to 7.6 per cent next year
due to improving consumption, timely rains, higher
Grid Corp, 30 March 2017 public sector spending, and better export growth.
According to the global financial services major, the
ongoing reforms will strengthen the productivity part of
growth and the countrys GDP will benefit from Indias
favourable working age population growth.
A
sian Development Bank (ADB) has approved USD Real GDP growth hit a road-bump this fiscal year.
175 million loan to Power Grid Corporation to Cyclical forces are expected to shore up next years pace to
expand its solar energy transmission network in the 7.6 per cent, DBS said in a research note.
country.
Weak market, low salary budget to keep
The project funding will improve the capacity and
efficiency of interstate transmission networks, particularly
average increment flat at 9.7%: KPMG, 05
in transmitting the electricity generated from new solar April 2017
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parks to the national grid. ccording to a
Apart from the evacuation of 2,500 megawatts of power KPMG survey,
from solar parks in Bhadla, Rajasthan, and 700 MW from the average
Banaskantha, Gujarat, Power Grid is also including two increment for the year
additional sub projects. 2017-18, is expected to
These two sub projects will increase solar power generation remain almost flat from
by 4.2 gigawatt and lessen carbon emissions by over 7 last year at 9.7 per cent,
million tonnes every year. mainly driven by weak
market performance and
ADB said as part of the assistance, it will also provide a USD low salary budget.
50 million co-financing loan from Clean Technology Fund
-a USD 5.8 billion component of the Climate Investment According to KPMGs Indias Annual Compensation
Funds. Trends Survey, the projected increment for the 2017-18 is
9.7 per cent, a drop of 0.6 per cent from 2016-17. This is
The Climate Investment Fund is aimed at providing mainly because the markets have not done well last year,
developing countries resources to expand efforts in low salary budget, cost-cutting within companies and
utilising low carbon technologies and transitioning to clean, higher pay packets.
renewable energy sources.
The highest increment of 12.5 per cent is reported by the
ADB said the solar transmission sector project is also the e-commerce sector, the lowest of 8.1 per cent is that of
first project to be implemented following usage of agency logistics.
level country safeguards and procurement systems for
Power Grid to speed up processes. It will also provide Aditya Birla Group gets RBI licence to start
autonomy and ownership of the project. payments bank, 05 April 2017
Recently with Bangladesh, union cabinet has approved an agreement for cooperation in the hydrocarbon sector.
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fter announcing its
Made for India
YouTube Go app
during last Septembers
Google for India event here,
Googles video-hosting platform YouTube released a beta
version of the YouTube Go app in the Play Store in India.
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he Aditya Birla Group said it has received licence The app, released after months of expanded testing and
from the Reserve Bank of India to start payments refinement, will be released in other emerging markets later.
bank. According to a post, the YouTube Go was designed with
Headed by Kumar Mangalam Birla, the groups outfit four main principles in mind.
Aditya Birla Nuvo had set up a 51:49 joint venture - The app provides a fresh and relevant video recommendation
Aditya Birla Idea Payments Bank Ltd -- with telecom tailored to ones preferences. It is designed to be offline first
major Idea Cellular to launch payments bank services in and improve the experience of watching videos on a slower
the country. network.
The Reserve Bank of India has granted licence to Aditya
Birla Idea Payments Bank Ltd to carry on the business of Indias growth to accelerate to 7.4% in 2017-
payments bank in India. 18: Asian Development Bank, 06 April 2017
At present, Airtel and India Post are offering payments bank
services in the country.
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tate-owned power
equipment maker
BHEL said it
has added 45,254 MW
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capacity during the 12th
he Asian Development Bank (ADB) said that Indias
Five Year Plan period
growth rate will improve to 7.4 per cent during
(2012-17) beating
2017-18 and go up further to 7.6 per cent in the next
the targets set for the
financial year, remaining ahead of China.
company.
The impact of the demonetisation of high-value banknotes is
Renewing thrust on
dissipating as the replacement banknotes enter circulation.
accelerated project execution, BHEL has achieved a
Stronger consumption and fiscal reforms are also expected
capacity addition of 45,274 MW of utility sets during the
to improve business confidence and investment prospects
12th five year plan, surpassing the Governments capacity
in the country.
addition target by 9 per cent.
India recorded a growth rate of 7.1 per cent during 2016-
The government had set the target of 41,661 MW power
17, notwithstanding the fears that demonetisation of high-
generation capacity addition for BHEL.
value currency notes of Rs 500/1,000 in November last year
BHEL said it continues to remain the single largest would adversely impact the economic growth.
contributor to the countrys installed capacity of utility
In India, the subregions largest economy, growth is
sets, with a share of 46 per cent in the 12th Plan capacity
expected to pick up to 7.4 per cent in the fiscal year (2017-
addition. Its capacity addition was 78 per cent higher than
18) and 7.6 per cent in 2018-19, following the 7.1 per cent
in the 11th Plan (2007-12).
registered last FY.
During 2016-17, BHEL has achieved a capacity addition
With regard to China, the report said, the overall output is
of 6,317 MW in the utility segment, which is nearly
expected to slow to 6.5 per cent in 2017 and 6.2 per cent in
four times of the next highest achievement by any other
2018, down from 2016s 6.7 per cent.
manufacturer.
Recently Amazon has announced that it has received RBI approval to launch its own digital wallet.
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NEFT transfer to get quicker as RBI cuts
he six-member
clearance time, 07 April 2017
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Monetary Policy
he Reserve Bank Committee of the
has decided to slash Reserve Bank of India
clearance time (RBI) kept the repo rate
for National Electronic unchanged but raised the
Funds Transfer (NEFT) reverse repo rate by 25
in an attempt to enhance basis points to narrow the
efficiency of the electronic corridor in which overnight
payment system and add to customer convenience. money moves.
In line with the document on Vision-2018 for Payment and Economists said this was an indirect tightening of interest
Settlement Systems, the NEFT settlement cycle will be rates even as the policy stance remained neutral. The central
reduced from hourly batches to half hourly batches, the RBI bank also warned about rising inflation. Expected at 4.5 per
said in the first bi-monthly monetary policy for 2017-18. cent in the first half of the current fiscal year, inflation could
The newly appointed Deputy Governor B P Kanungo said climb to 5 per cent in the second half, owing to risks and an
that consequently, 11 additional settlement batches will be unfavourable base effect.
introduced at 8.30 am onwards, taking the total number of Following the policy, the repo rate, at which banks borrow
half hourly settlement batches during the day to 23. from the RBI, remained at 6.25 per cent, and the reverse
repo rate, at which banks lend to the central bank, was
RBI permits banks to invest in REITs and revised to 6 per cent from 5.75 per cent.
InvITs, 07 April 2017 Following the announcement, overnight call rates closed 20
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he Reserve Bank basis points higher, yields on the 10-year gilt rose 10 basis
allowed banks points to close at 6.77 per cent and the rupee strengthened to
to invest in 64.53 to the dollar from its previous close of 64.88.
Real Estate Investment The call money rate, at which banks lend overnight money to
Trust (REITs) and each other, had fallen to 5.8 per cent due to excess liquidity
Infrastructure Investment in the system. The call money rate cannot fall below the
Trusts (InvITs), a move reverse repo rate or rise higher than the repo rate because
that will help revive the the central bank provides its facilities at these rates.
cash-starved infrastructure sector.
Narrowing the corridor gives the RBI tighter control, and
Banks are allowed to invest in equity-linked mutual funds, ensures finer alignment of the weighted average call rate.
venture capital funds (VCFs) and equities to the extent of 20 The RBI had narrowed this corridor in its previous annual
per cent of their Net Owned Fund (NOF). policy on April 2016 from 100 basis points to 50 basis
RBI stated in its first bi-monthly monetary policy for 2017- points. Call money rates adjusted from their days low of
18 that it is proposed to allow banks to invest in REITs and 5.85 per cent to close at 6.05 per cent, effectively raising
InvITs within this umbrella limit. Detailed guidelines will interest rates in the economy by at least 20 basis points after
be issued by May-end 2017. the policy despite the liquidity situation.
Recently Russian Poet Yevgeny Yevtushenko died.
I
ndias Internet economy is set to touch USD 250 billion,
driven by strong addition in online users and explosive
growth in data consumption.
Indias Internet economy is expected to grow from USD
100-130 billion (about 5 per cent of GDP) to USD 215-
265 billion (7.5 per cent) by 2020 with e-commerce and
financial services projected to lead this growth, the report
titled The USD 250 Billion Digital Volcano: Dormant No
More said.
E-commerce and financial services is expected to
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comprise USD 40-50 billion, e-commerce products USD epartment of Posts has joined hands with State
45-50 billion and digital media and advertising at USD Bank of India to promote SBI buddy e-wallet and
5-8 billion. POS machines for cashless transactions at Post
A major chunk of this is expected to come from private and Office counters while booking speed post and registered
government infrastructure spending (USD 50-60 billion), post items.
followed by that on connectivity (USD 45-55 billion) and P K Swain, Chief Postmaster General, Punjab Circle and
devices (USD 30-40 billion). Anil Kishora, Chief General Manager, SBI, Chandigarh
With about 391 million users, India has already become the dedicated SBI buddy e-wallet and SBI POS machines at
second highest country in terms of mobile Internet users. Chandigarh General Post Office for the general public.
This is expected to grow rapidly to about 650 million mobile Swain said that installation of SBI Buddy e-wallet and POS
Internet users by 2020. machines will facilitate economy through digital payments/
At the same time, data consumption by 2020 could cashless transactions in the post offices.
potentially increase 10-14 times. He also informed that SBI buddy e-wallet and SBI POS
machines facility will be further extended to other post
EBay, Flipkart partner to maximize India
offices in Punjab.
e-commerce opportunities, 11 April 2017
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Swain said that India Post is not only a partner in the
lobal e-commerce nations growth but also a partner in the nations vision of a
company eBay cashless India.
and Flipkart, have
agreed to jointly pursue Micromax ropes in Anil Kapoor as brand
opportunities in the Indian ambassador, 12 April 2017
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market.
lectronics maker Micromax has roped in actor Anil
Under this agreement, Kapoor as its brand ambassador.
eBay will make a USD 500
million cash investment in Electronics maker Micromax expects its consumer
and sell its eBay.in business to Flipkart in exchange for an durables vertical to contribute 25 per cent of total revenue
equity stake in Flipkart. in three years.
Flipkart will own and operate the eBay.In business upon the Consumer electronics currently contributes about 10 per
close of the transaction. cent to the overall revenue and the company expects the
consumer durables vertical to contribute up to 25 per
EBay and Flipkart have also entered into an exclusive cent of its revenues by the end of 2019. Micromax said
agreement in which they will jointly pursue cross-border it has invested close to Rs 200 crore to build channel
trade opportunities. and infrastructure capabilities and has a vision to be
Devin Wenig, President and CEO of eBay Inc said that a complete consumer electronics brand in next three
The combination of eBays position as a leading global years. In a statement, Micromax said it has roped in Anil
e-commerce company and Flipkarts market stature will Kapoor as its new brand ambassador. Micromax said it
allow us to accelerate and maximize the opportunity for will roll out a campaign with TVC, print, digital and OTH
both companies in India. advertisements.
F
Overall, the trade data suggest that stronger global demand
ood regulator FSSAI has entered into an agreement and higher export prices are driving the exports recovery.
with US-based Decernis Ltd which will enable it to However, there are risks to this uptrend from protectionist
access various international regulations. policies in the US, a slowdown in China and fading price
With this tie up, the Food Safety and Standard Authority of effects.
India (FSSAI) would get access to database of over 70,000
standards for food additives, food standards, food contact Reliance Defence Ties Up With South Korean
and contaminants from over 170 countries. Firm to Boost Production, 17 April 2017
A
Under this agreement, Decernis would facilitate access to nil Ambani group firm Reliance Defence Limited
various international regulations through a user-friendly (RDL) has entered into a strategic partnership with
online platform. a leading South Korean defence major to jointly
It would also enable the scientific panels of the regulator manufacture military hardware for Indias armed forces.
in understanding the global standards and benchmarking As part of the agreement between Reliance Infra promoted
Indian regulation to those norms. RDL and LIG Nex1, the two companies will explore
The database will also be of immense help in the risk assessment. opportunities for developing a range of defence products such
Under the pact, FSSAI will share with the American company as air defence and surveillance radar, sensors and missiles.
its notices of new draft and final regulations. The cumulative value of projects being targeted by the two
companies will be worth multi billion dollars.
CAD to widen significantly to 1.6% of GDP in
Earlier this year, Anil Ambani had said that the defence
2017, report says, 17 April 2017 sector will be the largest business area for his group in the
I
ndias current account next few years, considering opportunities worth Rs. 1 lakh
deficit (CAD) is crore per annum in acquisitions for the armed forces.
expected to widen to LIG Nex1 is a leader in manufacture of smart heavy weapons
1.6 per cent of GDP this in categories of anti-ship missiles, anti-tank-guided missiles
year from 0.5 per cent (ATGM), and guided rockets.
in 2016, owing to higher
commodity prices and an The two companies have initially identified air defence &
expected strong domestic recovery. surveillance radar for production in India.
According to the Japanese financial services major Economy to grow 7.2% in FY18; GST to have
Nomura, stronger global demand and higher export prices positive impact: World Bank, 18 April 2017
A
are driving exports recovery, while the recovery in imports
reflect higher commodity prices and likely improvement in ccording to World Banks report on South Asian
domestic demand. Economy, Indian economy will claw back to 7.2
percent growth in the current financial year 2017-
In 2017, we expect the CAD to widen to 1.6 per cent of 18 and rise further to 7.5 per cent in 2018-19.
GDP from 0.5 per cent in 2016 owing to higher commodity
prices and an expected strong domestic recovery in the The World Bank has said that the growth slowed down to 6.8
second half of 2017. per cent in 2016-17 due to a combination of weak investments
and the impact of demonetisation, adding that timely and
The CAD -- the difference between the value of imports of smooth implementation of the GST could prove to be a
goods, services and investment incomes, and that of exports significant upside risk to economic activity in 2017-18.
Johanna Konta won Miami Open after defeating Caroline Wozniacki .
I
Indias economic momentum suffered a modest setback ndia signed a USD 175 million loan pact with the World
due to demonetisation, while the poor and vulnerable likely Bank for National Hydrology Project that aims to
witnessed a larger negative shock. The economy is expected improve management of water resources.
to recover and growth will gradually accelerate to 7.7 per
The project will strengthen the capacity of institutions
cent by 2019-20.
to assess the water situation in their regions and reduce
Retail inflation seen at 4.8% in financial year their vulnerability to recurring flood and droughts, saving
hundreds of lives and livelihoods.
2018, fears exaggerated: Report,
18 April 2017 IMF trims Indias growth forecast to 7.2
percent for 2017, 19 April 2017
R
etail inflation is expected at 4.8 per cent for the
current fiscal and fears in this regard are exaggerated
T
as the country will continue to witness benign he IMF trimmed Indias annual growth forecast by
prices. According to SBIs research report Ecowrap, the 0.4 percentage points to 7.2 percent for 2017, citing
Reserve Banks inflation forecast of 4-4.5 per cent will be the impact of demonetisation.
materially undershot as CPI inflation is unlikely to breach
the 4 per cent mark till July this year. According to official The International Monetary Fund (IMF) stated in its latest
data, inflation at the wholesale level eased to 5.7 per cent in annual World Economic Outlook (WEO) that in India,
March on declining fuel prices and appreciating rupee. the growth forecast for 2017 has been trimmed by 0.4
percentage point to 7.2 percent, primarily because of the
The decline was accentuated by decline in fuel and power temporary negative consumption shock induced by cash
inflation and manufactured products. It may be noted that shortages and payment disruptions from the recent currency
fuel prices were significantly cut on March 31, while the exchange initiative.
rupee has been on an appreciating trend since February 2017.
These two factors have pushed down fuel and manufactured Medium-term growth prospects are favourable, with growth
product prices. International oil prices dipped in a months forecast to rise to about eight percent over the medium
time to $49 per barrel from $55, reflecting in a Rs 3.77 per term due to the implementation of key reforms, loosening
litre cut in petrol price and Rs 2.91 in diesel. International of supply-side bottlenecks, and appropriate fiscal and
rates have since climbed to $54 per barrel. monetary policies.
The rupee which was at 66.7 to a dollar at February-end The Indian government in February had pegged GDP
is currently hovering around 64-level. The report further growth at a higher-than-expected 7.1 percent for the current
noted that 2017-18 average CPI inflation is expected at fiscal despite the note ban.
4.8 per cent with a downward bias, compared to the 2016- However, analysts had raised concerns over the figure,
17 average of 4.5 per cent. Overall, inflation fears are saying it had not taken into account the full impact of
exaggerated and will continue to witness benign inflation demonetisation.
numbers in the next couple of months. According to the IMF report, Indias economy has grown at
Moreover, the difference between CPI and WPI, which was a strong pace in recent years owing to the implementation
merely 25 bps in November 2016, has increased to 189 bps of critical structural reforms, favourable terms of trade, and
in March this year. Since December 2016, WPI inflation lower external vulnerabilities.
Hasmukh Adhia has become the Revenue Secretary of India.
V
cricket. eteran pistol shooters Pemba Tamang of the Army
and Samaresh Jung of the CISF won gold and bronze
8. Bhubaneswar to host World Hockey
respectively in mens 25m centre fire pistol event at
League 2017, 2018 World Cup. the Sardar Sajjan Singh Sethi Memorial Masters Shooting
9. India beat Australia to win Test series competition.
2-1. Pemba shot a score of 579 in the final. 2016 Junior World
10. India retain ICC Test championship Cup gold medalist Anhad Jawanda of Punjab won the silver,
shooting 578, while Samaresh shot 576 to settle for the
mace. bronze at Dr Karni Singh Shooting Range .
11. Consistent Rahul zooms to career best Anhad, however, won gold in the corresponding junior mens
rank of 11th. event, getting the better of talented Haryana youngster Anish
12. Sindhu conquers Marin to win her 578-756 in the final. Karan Sheoyran of the Navy won the
maiden India Open title. bronze with a score of 568.
13. Axelsen claims India Open mens singles Ankur Mittal wins double trap gold in
title. Acapulco Shotgun WC, 23 March 2017
E
14. Konta beats Wozniacki for Miami WTA xtending his
title. good form,
Ankur Mittal
15. Roger Federer beats Rafael Nadal to clinched the gold medal
clinch Miami Open title. at the ISSF Shotgun
16. Leander Paes wins first title of season in World Cup in the double
trap event, pipping his
Challenger tournament.
Australian rival James
17. National squash coach Cyrus Poncha to Willet in the final in a
get Asian award. world record equalling effort. Mittal had settled for a silver
at the recent International Shooting Sport Federation (ISSF)
18. Jadeja voted best player of home season World Cup in New Delhi, where Willet had won the gold.
in ESPN cricinfo polls.
Mittal ended with 75 points out of possible 80 in the six-
19. Kohli named Wisdens Leading Cricketer man final to win Indias first medal in the competition while
in the World for 2016. Willet managed 73. Ankur shot strong throughout the day,
ending second in qualification with a score of 138 out of a
20. Indias Jeremy Lalrinnunga wins silver possible 150. He also got the better off Chinas Ying Qi 6-5
in IWF Youth World Weightlifting in a shoot-off to decide second and third spots after both had
Championships finished their qualifying rounds on the same score.
Recently Rajesh Sinha has become the MD & CEO of NCDEX e Markets Limited.
M
eghalaya will
be hosting
the National
Games 2022 coinciding
with the 50th year of
the creation of the state,
sports and youth affairs
minister Zenith M
Sangma informed the assembly. Jadeja is also the fifth spinner overall to reach the landmark.
The allotment of National Games to be held in Meghalaya Apart from completing the all-round double, Jadeja also
has been announced by the Indian Olympic Association completed the double of 500 runs and 50 wickets in this
(IOA) at its annual general meeting held on December 27, season. Only two players before him have done so in a
2016. season - Kapil Dev and Mitchell Johnson.
He said the government would soon sign a contract with the The 28-year-old achieved the feat after clobbering Australian
IOA and Meghalaya State Olympics Association to host the off-spinner Nathan Lyon for a six. He was batting on 16 at
prestigious games. the close of second days play, while Wriddhiman Saha was
on 10 as India reached 248 for six at stumps, still 52 runs
West Bengal win Santosh Trophy for 32nd behind Australias first innings total of 300 in the decider of
time, 27 March 2017 the four-Test series which is level at 1-1.
F
erraris Sebastian
Vettel stormed
to victory ahead
of the UKs Lewis
Hamilton and Finlands
Valtteri Bottas at the
Australian Grand Prix,
giving the Italian team
a second victory in 18
W
est Bengal lifted the Santosh Trophy for the months.
32nd time after Manvir Singh struck in the 119th The race was decided in the pit lanes, with Mercedes opting
minute for a 1-0 win over Goa, extending their for a risky strategy by having Hamilton come in early on lap
domination in the premier domestic football tournament. 17 with a clear lead ahead of Vettel in second.
West Bengal, thus, ended a six-year wait having last won Mercedes gamble did not pay off as Vettel took the lead
the title in 2011. Goa last won it in 2009. from Hamilton when the Brit emerged from the pit lanes
Goa, who had host the tournament thrice, lost to West behind Vettel, Bottas (also Mercedes), Finnish Kimi
Bengal in the semifinal in 1972 and the final in 1996, while Raikkonen (Ferrari) and Dutch Max Verstappen (Red Bull).
winning against Kerala in 1990. Vettel, on the other hand, was able to delay the tire change
and maintain his lead with Hamilton stuck in traffic behind
Ravindra Jadeja 10th Indian to achieve all-
him.
round double of 1000 runs, 100 wickets in
However, the Briton managed to claw his way back into
Tests, 27 March 2017
second place ahead of Bottas in third and Raikkonen in
R
avindra Jadeja became the 10th Indian player to fourth.
accomplish the all-round double of 1000 runs and 100 Verstappen took fifth, Brazilian Felipe Massa (Williams)
wickets in Test cricket. Before him, nine other Indians took sixth and the Mexican Sergio Perez (Force India)
had achieved this feat with Vinoo Mankad being the first. finished seventh.
Recently Rahul Parikh has become CEO of Bajaj Capital.
A
ustralias Shaun Tait, one of the worlds fastest
bowlers in his prime, has called time on his injury-
ridden career.
Tait, last played for Australia in January 2016.
The Adelaide-born cricketer had received a national call-
up after five years when he played the T20 International
against India at Sydney early last year.
His last competitive outing came for Hobart Hurricanes
during the 2016-17 Big Bash League.
I
Tait made a promising Test debut during the 2005 Ashes ndia defeated Australia by eight wickets in the fourth and
by taking three wickets in Englands first innings at final Test at the Himachal Pradesh Cricket Association
Nottingham. (HPCA) Stadium to clinched the four-match series 2-1
He ended up playing only three Tests in his 15-year career, to regain the Border-Gavaskar Trophy.
besides featuring in 35 ODIs and 12 T20 Internationals. Lokesh Rahul hit a half-century and guided the hosts to
victory along with stand-in captain Ajinkya Rahane after
Bhubaneswar to host World Hockey League
the early departure of Murali Vijay and Cheteshwar Pujara.
2017, 2018 World Cup, 27 March 2017
T
Rahul remained undefeated on 51 while Rahane was not
he International out on 38.
Hockey Federation
Fittingly, it was Rahul who hit the winning runs, guiding
and Government
a delivery from left-arm spinner Steve OKeefe to the on-
of Odisha officially
side.
confirmed that the Mens
World League Final Needing 106 runs for the win, the Indians reached the target
2017 and Mens World around 90 minutes and 17.5 overs into the first session of
Cup 2018 will be held in the fourth day.
Bhubaneswar. Fast bowler Pat Cummins got the only wicket of the day
The Kalinga Stadium will host the two of hockeys biggest when he claimed Vijays wicket while Pujara was run
events, where World League and World Cup champions will out thanks to an excellent piece of fielding by Glenn
be crowned. The venue successfully hosted the 2014 Mens Maxwell.
Recently, B P Kanungo took charge as deputy governor of RBI.
52 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES SPORTS
The hosts resumed at the overnight score of 19/0 and Vijay
survived a scare in the very first over of the day when
Australian pacer Josh Hazlewood came up with a couple of
lbw appeals off consecutive balls.
T
he 24-year-old Karnataka batsman had started the
series in the 57th position and has gained 46 places
over four Tests following scores of 64, 10, 90, 51,
67, 60 and 51 not out.
T
he Indian cricket team retained the International Rahul is now Indias third highest-ranked batsman after
Cricket Council (ICC) Test Championship mace and Cheteshwar Pujara (4) and Virat Kohli (5), who lost two
also won a cash award of $1 million for ensuring the and one place respectively.
top position in the Test Team rankings on the annual April Rahul is ahead of Ajinkya Rahane (14th, up by three places)
1 cut-off date. and Murali Vijay (34th, down by four places).
The ICC Test Championship mace is awarded to teams that In the bowling table, spin duo of Ravindra Jadeja and
reach the number-one spot in the ICC Test Team Rankings. Ravichandran Ashwin have retained the top two bowling
Skipper Virat Kohli received the mace and cheque from spots, while paceman Umesh Yadav has claimed a career-
ICC Cricket Hall of Famer Sunil Gavaskar at a ceremony high 21st position following his player of the match
after the fourth and final Test against Australia here, in performance in the fourth Test.
which Ajinkya Rahane led the side as Kohli could not play Yadav took two for 69 and three for 29 in the match, earning
due to a shoulder injury. him a rise of five places.
India had entered the series against Australia needing to In the all-rounders list, Jadeja replaced Ashwin in the
win at least one Test to retain possession of the prestigious second position to be behind top-ranked Bangladeshi
mace, which it had reclaimed following the Indore Test Shakib Al Hasan. Jadeja took four wickets and scored 63
against New Zealand in October 2016. runs in Dharamsala to walk away with the player of the
The second and third places in the rankings will be decided series award.
after the ongoing Hamilton Test between South Africa and Australia captain Steve Smith has successfully defended his
New Zealand. number-one position and is currently 61 points ahead of his
If South Africa wins or draws the Test, it will be assured of New Zealand opposite number, Kane Williamson, who has
second place but a loss will see Australia finish ahead of it moved up two places to second following his 176 in the
in second place. Hamilton Test.
The side to finish second will get $500,000 while the side Smith had entered the series against India, leading Kohli by
finishing third will receive $200,000. The fourth-placed 38 points, and finished as the most successful batsman with
team, which is England, will get $100,000. 499 runs in eight innings.
Consistent Rahul zooms to career best rank of Sindhu conquers Marin to win her maiden
11th, 30 March 2017 India Open title, 03 April 2017
I R
ndia opener Lokesh Rahul, who hit two half-centuries in io Olympics silver medallist PV Sindhu produced a
the deciding Dharamsala Test against Australia, jumped superlative performance beating reigning Olympic
11 places to a career-high rank of 11th in the latest ICC champion Carolina Marin of Spain to win her
chart for Test batsmen. maiden India Open Super Series title. In front of a partisan
home crowd at the Sirifort Sports Complex, the third seeded
Recently P Chandrasekaran took over as director( exploration & development ) of oil india .
53 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES SPORTS
Indian dominated the match from
the start to win the summit clash in
46 minutes.
The win also narrowed down
Sindhus head-to-head record
against the Spaniard to 4-5.
Sindhu had last defeated Marin in
the BWF Super Series in Dubai last
year.
R
oger Federer defeated Rafael Nadal to clinch his
third Miami Open title.
Federer has named this title for the third consecutive
time.
With this, Federer has become the oldest champion at the
Miami Open.
Before this, Federer had won the Australian Open and
Indian Wells title.
V
iktor Axelsen of Denmark defeated Chinese
Challenger tournament, 03 April 2017
Taipeis Tien Chen Chou to win the India Open
Super Series badminton tournament mens singles
title.
Third seed Axelsen crushed Chou 21-13 21-10 in just 36
minutes to claim his maiden India Open title at the Siri Fort
Sports Complex.
Later, top seeds Siwei Zheng and Qingchen Chen of China
defeated countrymate and second seeds Lu Kai and Huang
Yaqiong 22-24 21-14 21-17 to claim the mixed doubles
title.
S
03 April 2017 enior tennis player Leander Paes, along with his
J
ohanna Konta Canadian partner Adil Shamasdin, won the mens
defeated Caroline doubles title of Leon Challenger Tennis Tournament.
Wozniacki 6-4, Paes and Shamasdin defeated Luca Margaroli (Switzerland)
6-3 to win the Miami and Caro Zampieri (Brazil).
Open - the biggest
title won by a British With this win, Paes clinched his 20th ATP Challenger title.
woman in 40 years. Paes has now won at least one title every year for the past
26 years.
Konta, who had never
won an elite WTA This was Paes first final this season. He had earlier reached
premier mandatory event, will move to number seven in the the semi-finals of Dubai Championships and Delray Beach
world rankings with the victory. Open.
The last title Paes won on the ATP World Tour was in 2015
Roger Federer beats Rafael Nadal to clinch when he triumphed at Auckland with South African Raven
Miami Open title, 03 April 2017 Klaasen.
According to property consultant CBRE, Connaught Place is the 9th most expensive office location in world
54 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES SPORTS
National squash coach Cyrus Poncha to get Kohli named Wisdens Leading Cricketer in
Asian award, 03 April 2017 the World for 2016, 05 April 2017
I
ndian captain Virat Kohli
was named Wisdens
Leading Cricketer in
the World for 2016, adding
another feather to his already
crowded cap.
Kohli amassed 1215 Test
runs at a stupendous average
of 75.93 last year. 10 ODI
L
appearances fetched him 739 runs at 92.37, while he scored
ong-serving national squash coach Cyrus Poncha 641 T20 International runs at 106.83.
has been chosen to receive the 2016 Asian Squash
Federation Coach of the Year award. Only six batsmen have ever scored more international runs
in a calendar year than Kohli but none of them have come
Poncha has been chosen from a list of 13 nominations from close to the Indian captains average.
seven countries. He is the only Indian in this years list of
awards, players and officials together. Virat Kohli, who features on the cover of the 2017 edition
of the Wisden Cricketers Almanack, is also the Leading
Jadeja voted best player of home season in Cricketer in the World for 2016, an accolade put in place in
ESPN cricinfo polls, 04 April 2017 2003 when Ricky Ponting became the first honouree.
Owing to his phenomenal run with the bat, Kohli had won
the prestigious Polly Umrigar award presented to the
International Cricketer of the Year at the BCCI Annual
Awards.
Kohli has already been declared Wisden India Almanacks
Cricketer of the Year for the second time in its 2017 edition.
Two Pakistani cricketers Misbah-ul-Haq and Younis
Khan have been named in the list of the five Cricketers of
the Year for the first time since 1997.
With Misbah and Younis making the list, the total number
R
avindra Jadeja has been voted as the best player of of Pakistanis to have been chosen Cricketers of the Year
Indias home season in a poll conducted by ESPN went up to 14, one less than Indias tally of 15.
Cricinfo. Indias Jeremy Lalrinnunga wins silver in IWF
Jadeja, who averaged 22.83 with the ball and 42.76 with Youth World Weightlifting Championships,
the bat over the 13 Tests India played at home between
06 April 2017
I
September last year and March, got 65 per cent of the
20,500-plus votes cast by ESPN cricinfo readers. ndias Jeremy
He got six votes out of 10 members who constituted an Lalrinnunga has
expert panel. won a silver in 56kg
category in IWF Youth
Former India Test cricketers Sanjay Manjrekar, Ajit Agarkar World Weightlifting
and Aakash Chopra were among the panel members. Championships
Readers and experts voted separately in the cricket websites polls. Lalrinnunga lifted a total
Pacer Umesh Yadav was voted as the best support act of of 240kg (110 in snatch +
the season while Englands Haseeb Hameed was picked as 130), in clean and jerk, to finish second in the event. He
debutant of the season. clinched the medal as India opened their account on the first
day of the IWF Youth World Weightlifting Championships .
The second Test in the India-Australia series, in Bengaluru,
was chosen as the Test of the season and Steven Smith as This championship serves as the qualifying event of the
the visiting player of the season. 2018 Youth Olympic Games.
IISc institution topped in Annual National Ranking of best educational institutions by HRD Ministry .
55 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES SPORTS
Rashid Khan becomes 1st Afghan player to India win 12 medals at Asian Youth Chess
make IPL debut, 06 April 2017 Championship, 10 April 2017
I
ndian team ruled the
roost at the Asian Youth
Chess Championship
in Tashkent, where they
finished on top with a
rich haul of 12 medals,
including four gold.
According to information received here, the gold medal
were won by Aakanksha Hagawane (Under-18 Girls),
Erigaisi Arjun (Under-14 Open), Jishitha D (Under-14
Girls) and Sahithi Varshini M (Under-10 Girls).
T
eenage leg-spinner Rashid Khan Arman created The silver medal winners were Sai Vishwesh C (Under-18
history by becoming the first player from the war- Open), Jyothsna L (Under-14 Girls), Rakshitta Ravi
torn Afghanistan to play an Indian Premier League (Under-12 Girls), B Savitha Shri B (Under-10 Girls) and A
match. R Ilamparathi (Under-8 Open).
The 18-year-old was named in the playing XI of the Rohith Krishna S (under-12 Open), Divya Deshmukh
defending champions Sunrisers Hyderabad who took on (Under-12 Girls) and Tanmay Jain (Under-10 Open) won
Royal Challengers Bangalore in the opening game of the bronze medals.
season 10. India topped the medal tally with a haul of 12 followed by
Rashid was bought by Sunrisers for Rs 4 crore making him host Uzbekistan (10).
an overnight star in his country.
India lift Asian School Hockey Championship,
Known to bowl fast leg-breaks, Rashid has been in prime 12 April 2017
form during the recently concluded bilateral series against
Ireland played at Greater Noida.
He took five wickets in the T20 Internationals and 16 wickets
in five ODIs and match-haul of eight scalps in the four-day
game. He also hit a half-century in one of the games.
Rashid has so far played 33 T20 games taking 56 wickets at
an economy rate of shade less than six runs per over.
M
ercedes driver Lewis
Hamilton delivered
A
a commanding lishan Mohammad and Pratap Lakra scored a brace
performance to win the Formula each as India emerged champion at the 5th Asian
One World Championships School Hockey Championship with a convincing
Chinese Grand Prix, after 5-1 win over Malaysia in the final.
starting from pole position at
the Shanghai International Circuit. Alishan continued to have a good outing in the Championship
as he gave India an early lead with a stunning field goal in
The British driver drove an impeccable race to score his fifth the 12th minute. Indias next two goals came in the 20th and
win at the Chinese GP, as he secured F1s equivalent of the 23rd minute when Lakra successfully converted a penalty
Grand Slam by registering the fastest race lap, qualifying in corner and a penalty stroke respectively.
pole position and taking first place.
Though Malaysia scored a field goal through Akhimullah Anuar
It was the 54th F1 victory for Hamilton, who beat German Esook M in the 32nd minute, India schools Alishan Mohammad
Sebastian Vettel (Ferrari) into second place, and Dutchman scored his second goal of the match in the 34th minute and
Max Verstappen (Red Bull), who took third place. earned his team a comfortable 4-1 lead at half- time.
Prime Minister Narendra Modi inaugurated the countrys longest Chenani-Nashri Tunnel in state Jammu and Kashmir.
56 JUNE/2017/MASTER IN CURRENT AFFAIRS
GRAPHIC FACTORY IMAGEOGRAPHY
Mizoram state has become the 27th state to join UDAY scheme.
59 JUNE/2017/MASTER IN CURRENT AFFAIRS
GRAPHIC FACTORY IMAGEOGRAPHY
I
goal to end the match with a stunning 5-1 victory and
enthral the home crowd. Malaysia had to settle for a second ndian golfer Mukesh
place finish. Kumar, played a card
of five under 67 in
In the match for third and fourth place, Singapore beat China
the fourth and final round
3-1 in a nail-biting shootout after the two teams ended the
and won the PGTI Cochin
regulation time in a 1-1 stalemate.
Masters title.
Advani beats Kothari to win Asian Billiards This is Mukeshs record
Championship title, 15 April 2017 19th PGTI title and second
S
in Kochi after 2015.
ixteen-time world
champion Pankaj His total score is 12 under 276. Anurah Rohan of Sri Lanka
Advani won his was runner-up with a score of 11 under 277
seventh Asian title by
Gayle becomes first cricketer to score 10,000
defeating Sourav Kothari
6-3 in an entertaining runs in T20, 19 April 2017
final of the Asian
Billiards Championship.
The first session saw Kothari run away with a 3-1 lead
before the interval.
Advani, taking full advantage of the break, regrouped and came
out all guns blazing to win the next frames on the trot to win his
sixth Asian Billiards and seventh overall Asian championship.
The other title being 6-red snooker which he won last year.
S
washbuckling West Indian batsman Chris Gayle
became the first cricketer to score 10,000 runs in T20
cricket during the IPL match between his side Royal
Challengers Bangalore and Gujarat Lions.
Gayle, who came into the match with just three runs short of
the landmark, reached to it when he took a single off Lions
pacer Basil Thampi in the fourth over of the RCB innings.
He went on to score a characteristic 38-ball 77 in his 290th
Twenty20 match to tally to 10,074 runs.
The 37-year-old towering Jamaican, who was playing in his
285th Twenty20 innings, has a batting average of 40-plus
P
in the shortest format of the game with 18 hundreds and 61
romising Indian shuttler B Sai Praneeth clinched his half centuries. His strike rate is nearly 150 and his highest
maiden Super Series title at the Singapore Open after T20 score is a 175.
defeating compatriot Kidambi Srikanth in a historic
Gayle is no doubt a giant of a cricketer in the T20 format.
all-Indian final in Singapore.
The difference in run aggregate between Gayle and the
World No 30 Praneeth, who had won the Canada Open next-highest in the T20s -- Brendon McCullum (7524 runs
Grand Prix last year and reached the Syed Modi Grand Prix from 272 matches) of New Zealand -- is 2550.
Gold final this year, outmanoeuvred Srikanth 17-21 21-17
The difference between the number of sixes hit by Gayle
21-12 in the summit clash of the $350,000 event.
(743) and the next-highest in T20s -- Kieron Pollard (459)
It was the first time in the history of international badminton -- is 284.
that two Indians were playing a Super Series final.
District Jhargram has become 22nd district of West Bengal .
SCIENCE
A navigation team then processes this information to
Burning Topics of the Month determine the spacecrafts flight path and also determine if any
1. NASA to send next-generation atomic course corrections are required. The next-generation atomic
clock developed by NASA enables one-way tracking,
clock to space this year.
where the spacecraft does not need to send the signal back
2. Impact crater linked to ancient Martian to Earth. The tracking measurements could be taken onboard
tsunamis identified. and processed with a spacecraft-based navigation system to
determine the path and whether any maneuver are needed to
3. NASA to launch new probe to measure stay on course.
cosmic material between stars.
4. Five astronauts assigned to future ISS Impact crater linked to ancient Martian
mission: NASA. tsunamis identified, 27 March 2017
5. SpaceX poised to launch first recycled
rocket.
6. Scientists have detected atmosphere
around an Earth-like planet.
7. China launches 1st high-throughput
communications satellite
NASA to send next-generation atomic clock
to space this year, 24 March 2017
S
cientists have identified a crater on Mars, possibly
created by an asteroid that triggered 150 metre-high
tsunami waves when it plunged into an ocean on the
red planet three billion years ago.
The researchers have identified what they think is the best
candidate for the impact crater, a 120km-wide bowl called
Lomonosov. The feature is extremely degraded, with a
collapsed crater rim.
Some scientists think an ocean might once have filled the
I
vast lowland region that occupies the red planets northerly
n a key advance for safely navigating future human
latitudes.
exploration of the solar system, NASA said it is set to
send its next-generation atomic clock to space in late Growing evidence that tsunami waves washed over the
2017. This clock will be smaller, lighter and magnitudes boundary between the southern highlands and northern
more precise than any atomic clock flown in space before. lowlands help strengthen the hypothesis.
According to the US space agency said in a statement The proposed Martian tsunami travelled 150km inland,
Engineers at NASAs Jet Propulsion Laboratory in climbing to elevations of about 100 metres.
Pasadena, California have completed integration of the
If we do have this evidence of a tsunami having occurred
instrument, the Deep Space Atomic Clock, with the
back three billion years ago, there must have been an ocean
spacecraft that will take it into orbit later in 2017.
present in the northern plains.
Timekeeping plays a critical role in spacecraft navigation
Thats the key point here, it indicates that there was a
and will be especially important for future deep space
substantial amount of water in residence on the Martian
missions. Most spacecraft are tracked using two-
surface at this time and that has likely implications for the
way methods the ground-based antenna pings the
total inventory of water on Mars.
spacecraft and waits for the signal to return. By measuring
how long the signal takes to travel, the distance to the The research has been published in the Journal of Geophysical
spacecraft can be calculated. Research - Planets.
Recently, Geetha Johri has become the 1st women police chief of Gujarat .
62 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES SCIENCE
NASA to launch new probe to measure cosmic Astronauts Joe Acaba, Ricky Arnold, Nick Hague,
material between stars, 27 March 2017 Serena Aunon-Chancellor and Shannon Walker all have
N
begun training for missions launching later this year and
ASA is planning to launch a balloon-based throughout 2018.
observatory that will measure emissions from the
Acaba will be the first to launch, assigned to the Expedition
interstellar medium - the cosmic material found
53 and 54 crews that already include Mark Vande Hei of
between stars.
NASA, and Alexander Misurkin of the Russian space
The data from the mission will help scientists determine agency Roscosmos.
the life cycle of interstellar gas in our Milky Way galaxy,
They will launch aboard a Soyuz spacecraft in September.
witness the formation and destruction of star-forming
Walker will train as a dedicated backup for Acaba.
clouds, and understand the dynamics and gas flow in the
vicinity of the centre of our galaxy. Arnold will join NASAs Drew Feustel and a Russian
cosmonaut for Expeditions 55 and 56 to launch in March
The Galactic/Extragalactic ULDB Spectroscopic
2018.
Terahertz Observatory (GUSTO) mission, led by principal
investigator Christopher Walker of the University of Arnold and Acabas assignments were enabled by the recent
Arizona, will fly an Ultralong-Duration Balloon (ULDB) agreement to add additional crew members in 2017 and
carrying a telescope with carbon, oxygen and nitrogen 2018 to boost space station science and research.
emission line detectors.
SpaceX poised to launch first recycled rocket,
This unique combination of data will provide the spectral
30 March 2017
and spatial resolution information needed for researchers to
untangle the complexities of the interstellar medium, and
map out large sections of the plane of our Milky Way galaxy
and the nearby galaxy known as the Large Magellanic
Cloud.
GUSTO will provide the first complete study of all phases
of the stellar life cycle, from the formation of molecular
clouds, through star birth and evolution, to the formation of
gas clouds and the re-initiation of the cycle.
The mission is targeted for launch in 2021 from McMurdo,
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Antarctica, and is expected to stay in the air between 100 to paceX is poised to launch its first recycled rocket, using
170 days, depending on weather conditions. a booster that sent food and supplies to the astronauts
It will cost about $40 million, including the balloon launch living at the International Space Station in April.
funding and the cost of post-launch operations and data The goal of the launch, scheduled for 6:27 pm (2227 GMT) from
analysis. Cape Canaveral, Florida, is to send a communications satellite
for Luxembourg-based Company SES into a distant orbit.
Five astronauts assigned to future ISS
mission: NASA, 30 March 2017 Standing tall at the NASA launchpad, the white Falcon 9
rocket contains a tall, column-like portion known as the
first stage, or booster, that propelled the unmanned Dragon
cargo ship to space last year, then returned to an upright
landing on an ocean platform.
SpaceX, the California-based company headed by internet
entrepreneur Elon Musk, has for years been honing the
technology of powering its boosters back to careful Earth
landings on solid ground and in the water.
So far it has successfully landed eight -- five on so-called
drone ships floating in the ocean, and three on land.
N
The goal, Musk has said, is to make rocket parts just as
ASA has assigned five astronauts for upcoming reusable as cars, planes or bicycles.
missions aboard the International Space Station
(ISS). Currently, millions of dollars worth of rocket parts are
jettisoned after each launch.
Recently Mahesh Jain has become MD & CEO of IDBI .
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a designed orbital life of
cientists have for the 15 years, was sent into
first time detected orbit on a Long March-3B
atmosphere around carrier rocket.
an Earth-like planet
The satellite, which has a
beyond our solar system.
higher message capacity
Earth-like Planet than the combined
The planet, GJ 1132b, capacity of all of Chinas previous communications satellites,
which orbits the dwarf star is capable of providing better Internet access on planes and
GJ 1132, is reported to be high-speed trains, as well as in less-developed regions.
39 light years away from Earth. The discovery is a significant While in orbit, the satellite will undergo tests on its
step towards discovering life beyond Earth. The study was broadband multimedia satellite communications system and
published in the Astrophysical Journal on 31 March 2017. the high-speed laser communication technology between
Key Highlights the ground and the satellite.
## The planet is reported to have a radius of about 1.4 Different from previous satellites fuelled by chemicals, Shijian-13
times that of the Earth and mass of about 1.6 times that is the first Chinese satellite to be powered by electricity.
of the Earth. Using electricity as propellant could potentially improve
## The researchers initially called the planet a potential efficiency by as much as 10 times compared with those that
Venus twin considering its rocky world with a high use chemicals as a propellant.
surface temperature. Zhou added that it can also help extend satellite life and
## The recent discovery shows that the planet also has a reduce launch weight significantly.
thick atmosphere. Though Venus has a thick atmosphere For the first time, a large number of domestic components
as well, the atmosphere of the two planets may be made have been used on the communications satellite. It is also the
up of different compositions. first time a laser communications system has been installed
## While Earths atmosphere is mostly made up of on a Chinese high orbit satellite with a long lifespan.
nitrogen with a large oxygen component, Venus is a
thick veil of carbon dioxide.
China to launch first cargo spacecraft,
17 April 2017
C
## According to the researchers, the new planets atmosphere
is likely to be rich in water vapour or methane. hinas first cargo spacecraft Tianzhou-1 is to be
launched into space between April 20 and 24 to
While this is not the first instant that the scientists have
dock with the orbiting experimental space station.
discovered an atmosphere around a planet, as they have
The cargo spacecraft was transferred with a Long March-7
previously detected atmospheres around large Jupiter-like
Y2 carrier rocket from the testing centre to the launch
gaseous bodies and on the even larger super-Earth, this is
zone in Wenchang, southern Chinas Hainan Province. The
the first time that they have detected it around an exoplanet
completion of the transfer signals the Tianzhou-1 mission
that is almost close to Earths size.
has entered its launching stage.
Scientists can use a planets atmosphere to identify potential
China currently is in the process of building permanent
traces of life on it or to determine if it is suitable for life, as
station by 2022 to rival Russias International Space
we have on earth.
Station (ISS). Technicians have performed several tests
China launches 1st high-throughput during the assembling of the spacecraft and rocket since
communications satellite, 13 April 2017 February. In the following days, technicians will continue
C
testing the spacecraft and rocket and inject fuel before the
hina successfully launched a new communication launch .
satellite which will enable passengers of high-speed
Tianzhou-1 is the first cargo ship independently developed
trains to watch high-definition videos smoothly and
by the country. It is expected to dock with the orbiting
help those at the scene of natural disasters.
Tiangong-2 space lab and conduct in-orbit refueling . The
Shijian-13, Chinas first high-throughput communications cargo spacecraft will also carry out space experiments,
satellite, was launched from Xichang Satellite Launch including one on non-Newtonian gravitation, before falling
Center in Chinas southwestern Sichuan Province. back to earth .
Tim Berners-Lee is awarded with this years Computings Nobel Prize .
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1. Bill Gates is worlds richest man; Donald icrosoft co-founder
Trump slips over 200 spots Bill Gates once
again topped the
2. India ranks a low 122 among worlds
Forbes magazine list of the
happiest countries worlds richest billionaires,
3. India ranked 131 on Human while US President Donald
Development Index Trump slipped more than 200
spots to rank 544th.
4. India ranks 87th on energy architecture
Gates, whose wealth is
performance: WEF estimated at $86 billion, led
5. SBI Chairman among Fortunes 50 the list for the fourth straight year.
greatest leaders of the world He was followed by Berkshire Hathaway chief Warren
Buffett among the top 10 billionaires, a group heavily
6. Four Indian cities feature in dominated by Americans, many of whom work in the
TripAdvisors top 25 Asia list technology sector. Buffetts wealth was estimated at USD
7. Five Indian cities included in World 75.6 billion.
Heritage List Others in the top 10 included Amazon founder Jeff Bezos
at number three, Facebook creator Mark Zuckerberg at
8. SAIL, BSNL, Air India incur half the number five and Oracle co-founder Larry Ellison at number
losses of top-10 loss making PSUs seven.
9. India becomes third largest aviation The global billionaire population jumped 13 per cent from
market in domestic traffic last year to 2,043, the biggest annual increase in the 31
years since the magazine began compiling the list.
10. Ustad Amjad Ali Khan pens down
The US led countries with the most billionaires with 565, a
memories of 12-music maestros
product of the swelling value of the American stock market
11. Suresh Prabhakar Prabhu releases Book since Trumps November 2016 election.
Titled Indian Railway- The weaving of a China was second with 319 billionaires, and Germany was
National Tapestry third with 114.
12. Multi-national military exercise Trump himself slipped 220 spots on the list to number
concludes in Nepal 3 April 544 with an estimated USD 3.5 billion. Forbes attributed
Trumps drop to sluggishness in the Manhattan real estate
13. Microsoft Launches Teach Your Children market which is responsible for a disproportionate amount
Program to Advance Digital Learning of his wealth.
14. India among top three nations for the India ranks a low 122 among worlds happiest
third year running in Wadas doping countries, 21 March 2017
I
violation report for 2015
ndia ranked a lowly
15. Connaught Place worlds 9th most costly 122 on a list of the
office location: CBRE worlds happiest
countries, dropping four
16. Pink diamond auctioned for record USD slots from last year and
71.2M in Hong Kong coming behind China,
17. Samsung most trusted brand in India: Pakistan and Nepal.
Norway ranks as the
Report happiest country in the
18. India jumps 12 spots in WEFs global world, according to The
travel & tourism ranking World Happiness Report 2017, which ranks 155 countries
by their happiness levels. Norway jumped three spots from
Recently Bhaichung Bhutia has become the advisor of federation AIFF.
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on surveys in 155 countries covering the three years 2014-
ccording to the global energy architecture
2016, reveal an average score of 5.3 (out of 10).
performance index released by Geneva- based
India ranked 131 on Human Development World Economic Forum (WEF), India has
marginally improved its position to 87th place in this list.
Index: UN, 22 March 2017
I
Switzerland has topped this list and was followed by
ndia has ranked a Norway, Sweden, Denmark and France in the top five.
lowly 131 among Indias rank improved three places from 90th last year.
the 188 countries
surveyed for human According to the findings, the worlds biggest energy
development, a new consumers struggle to take leading positions on the index
UN report has said, as they grapple with inherent challenges of their large,
bracketing the third- complex energy systems and are outperformed by more
largest Asian economy nimble economies.
alongside its South Asian neighbours like Pakistan, Bhutan Overall, some of the largest consumers of energy such as
and Nepal. China (95th), India, Japan (45th), the Russian Federation
India has made no improvement in its ranking over the (48th) and the United States (52nd) have either slipped in
previous year, despite the Human Development Report for the rankings or experienced only marginal gains.
2015 noting that foreign direct investment favours countries Bahrain is ranked the lowest at 127th.
such as China and India. Regarding India, the WEF said it is gradually improving
Indias Human Development Index rank in 2014 was also 131. its performance on the index, but faces an uphill battle to
However, 63 per cent Indians were satisfied with their increase energy access and security (95th).
standard of living in 2014-15. A large percentage of the population still lacks access to
The report, released annually by the UN Development electricity (101st) and uses solid fuels for cooking (108th).
Programme, said Indias rank of 131 puts it in the medium The government of Prime Minister Narendra Modi is taking
action on this, having committed to increase solar power
New Zealands batsman Peter Fulton recently retires from profession.
66 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES MISCELLANEOUS
capacity to 100 gigawatts by 2022, which would make India Four Indian cities feature in TripAdvisors
a leader in renewable capacity. top 25 Asia list, 24 March 2017
The study further said that India, just like China, boasts of
a strong score on the indicator for diversification of import
counterparts (5th), but its energy system continues to face
some significant challenges, particularly in environmental
sustainability (109th).
The report, developed in collaboration with Accenture
Strategy and launched at the European Commission, ranked
127 countries based on their ability to provide energy across
three dimensions of the energy triangle.
Being compiled since 2013, the Energy Architecture
Performance Index (EAPI) is a composite index that focuses
on tracking specific indicators to measure the energy system
performance of 127 countries.
F
It has 18 indicators defined across the three sides of the our Indian destinations including Goa and New Delhi,
energy triangle economic growth and development, have featured in the top 25 Asia list of TripAdvisors
environmental sustainability, and energy access and Travellers Choice awards.
security.
According to the Travellers Choice Awards Asia list,India
SBI Chairman among Fortunes 50 greatest takes the second spot in the Asia list with four winning
leaders of the world, 24 March 2017 destinations. Thailand leads with five wins. The four Indian
cities that featured in the top 25 list in Asia are Goa (11),
New Delhi (13), Jaipur (18) in Rajasthan and Agra (19) in
Uttar Pradesh.
The Travellers Choice Destinations awards this year
includes a great mix of popular destinations as well as
lesser known cities, which surely will stimulate the Indian
traveller to experience fabulous places within a country.
Award winners were determined using an algorithm that
took into account the quantity and quality of reviews and
ratings for hotels, restaurants and attractions in destinations
worldwide, gathered over a 12-month period, as well as
traveller booking interest on Trip Advisor.
Bali in Indonesia ranked number one in the Asia list
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followed by Siem Reap in Cambodia, Phuket in Thailand,
BI chief Arundhati Bhattacharya and Indian-origin Hoi An in Vietnam, Kathmandu in Nepal, Hanoi in Vietnam,
physician Raj Panjabi have been named by Fortune Ko Samui in Thailand, Bangkok in Thailand, Lombok in
magazine among the worlds 50 greatest leaders who Indonesia and Tokyo in Japan.
are transforming the world and inspiring others to do the
same. Meanwhile, no India destination has featured in the top 10
Travellers Choice Destinations in the world list.
Bhattacharya, Chairman of Indias largest bank and the
first-ever woman to do so, has been ranked 26th on the Five Indian cities included in World Heritage
list while Panjabi, founder and CEO of Last Mile Health, List, 24 March 2017
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follows closely on the 28th spot.
he Union Government
The list has been topped by President of Baseball Operations
on 22 March 2017
at Chicago Cubs Theo Epstein, followed by Alibaba Group
informed that five
Executive Chairman Jack Ma on the second spot, Pope
Indian cities were included in
Francis (3), Bill & Melinda Gates Foundation Cochair
the Tentative List of UNESCO
Melinda Gates (4) and Amazon Founder and CEO Jeff
World Heritage Sites.
Bezos (5).
I
## To bear a unique or at least exceptional testimony to a ndia has become the
cultural tradition or to a civilization which is living or third largest aviation
which has disappeared. market in terms
## To be an outstanding example of a type of building, of domestic passenger
architectural or technological ensemble or landscape traffic, beating Japan.
which illustrates (a) significant stage(s) in human Indias domestic air
history. passenger traffic stood
## To be an outstanding example of a traditional human at 100 million in 2016
settlement, land-use, or sea-use, which is representative and was behind only
of a culture (or cultures), or human interaction with the the US (719 million)
environment especially when it has become vulnerable and China (436 million), Sydney-based aviation think-tank
under the impact of irreversible change. Centre for Asia Pacific Aviation (CAPA) .
SAIL, BSNL, Air India incur half the losses of CAPA said that India acquired the third spot globally by
unseating Japan, which flew 97 million domestic passengers
top-10 loss making PSUs, 25 March 2017 in 2016.
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oal India, ONGC Domestic air traffic has shown a consistent growth of 20 -25
and Indian Oil per cent throughout 2015 and 2016, peaking in January this
Corporation emerged year at 25.13 per cent.
as star financial performers
However, the domestic travel demand rose 16 per cent in
among Indias central public
February this year, ending the long streak of over 20 per
sector enterprises in 2015-
cent.
16, whereas SAIL, BSNL
and Air India incurred most According to CAPA, India which enjoyed the fourth position
losses, a government survey has showed. in terms of overall air passenger traffic (both domestic and
international) along with the UK, has also inched closer to
The Public Enterprises Survey, tracking the performance of
becoming the third largest one by March next year.
CPSEs in 2015-16, revealed that the top three loss-making
CPSEs -- SAIL, BSNL and Air India -- incurred a loss equal India will become the third largest market 2-3 years ahead
to 51.65 per cent of the total loss made by the top 10 loss- of what was projected. This is because the growth has been
making CPSEs in 2015-16. much higher.
SAIL entered the list of top 10 loss-making CPSEs, Japan, which flew 141 million passengers in 2016, was
apart from ONGC Videsh, Rashtriya Ispat Nigam, PEC ahead of India whose total air passenger traffic was 131
and BHEL. Mangalore Refinery and Petrochemicals, million in the previous year, as per CAPA.
Recently RBI given licence to start payment bank to business entity Aditya Birla Group .
68 JUNE/2017/MASTER IN CURRENT AFFAIRS
NEWS BITES MISCELLANEOUS
United States with 815 million passengers in 2016 enjoyed authored by Bibek Debroy (Member, NITI Aayog) Sanjay
the top position, followed by China with 490 million. Chadha (Joint Secretary, Ministry of Commerce) & Vidya
Krishnamurthi.
Ustad Amjad Ali Khan pens down memories
In addition, Minister of Railways Suresh Prabhakar Prabhu
of 12-music maestros, 30 March 2017
also launched Hi-speed free Wi-Fi services for the visitors
at National Rail Museum. Chairman,
Minister of Railways said that It is really an honour to release
a book by authored by Bibek Debroy and his colleagues.
This book by Bibek Debroy is a great contribution for Indian
Railways. We can shape the future of Indian Railways by
linking the past through this book. Interest of organisation
cannot be overlooked. We are working on how to revitalize
the organisation.
Bibek Debroy, Member NITI Aayog said that this book
traverses the timeline from 1830-1947. The book is written
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in a storytelling manner. The book narrates some anecdotes
egendry sarod player Ustad Amjad Ali Khan has of Indian Railways History. The cover of the book has a
written a book on 12 legendary musician of the steam loco which used to haul meter gauge loco in Rajputana
country titled Master on Masters. Malwa region.
The book was unveiled by Bollywood filmmaker Karan About WiFi Services in National Rail Museum:
Johar in the presence of Ustad Amjad Ali Khans wife
Subhalakshmi and sons Amaan and Ayaan Ali Bangash. The National Rail Museum, New Delhi, became a
high speed RailWire Wi-fi zone , 30th March 2017,
The book release was followed by a reading session and
when Minister of Railways, Suresh Prabhakar Prabhu
conversation between Karan and the Ustad that revolved
dedicated the facility to the visitors of this heritage site.
around sharing memories, changing culture of music and
The Wi-Fi facility has been commissioned by RailTel
how technology has taken away heart-to-heart connection
amongst people. in association with Google for providing high speed
state of the art world class internet experience to the
In the book, published by Penguin Random House, Khan hundreds of people visiting the National Rail Museum
recalled his earlier memories with iconic musicians like every day.
Bade Gulam Ali Khan, Amir Khan, Ustad Alla Rakha,
Kesarbai Kerkar, Kumar Gandharva, Bhimsen Joshi and The service built over the fiber network of RailTel is
Ustad Bismillah Khan, among others. designed to offer high-speed broadband like experience
to users. Along with experiencing the rich history of
Suresh Prabhakar Prabhu releases Book Indian Railways, the visitors of this museum will now
Titled Indian Railway- The weaving of a be able to stay connected to high speed internet and
National Tapestry, 01 April 2017 easily stream a high definition video, download a book
or a new game. A total number of 23 access points, 11
access switches and 1 Fiber switch have been used to
create the state-of-the art Wi Fi facility at the National
Rail Museum.
RailTel is also in process of providing fast Wi-Fi at 5
more tourists sites of Delhi namely Red Fort, Humayun
Tomb, Safdarjung Tomb, QutubMinar and Rajpath
Lawns being maintained by Archaeological Survey of
India. Wi-Fi services to visitors are being provided
under Railwire,the retail Broadband distribution
model of RailTel. Designed to offer users the best
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Internet experience, Railwire Wi-Fi will be available to
inister of Railways Suresh Prabhakar Prabhu any user who has a working mobile connection on a
released the book titled Indian Railway- smartphone.
The weaving of a National Tapestry jointly
London has become the 1st city which levied charge on polluting cars .
A
two-week long multi-
national military
exercise Shanti
Prayas III of the armies from
28 countries, including India
and the US, concluded in
Nepal.
A total of 1,135 army with 117 athletes from the country being punished after
personnel participated in the testing positive for banned substances.
Shanti Prayas III jointly organised by Nepal Army and US
India followed Russian Federation (176) and Italy (129) at
Pacific Command.
third spot in the doping violation chart released by the Wada,
Defence Minister Balkrishna Khand was the chief guest at the same position as in the reports of 2013 and 2014. All the
the ceremony, which was attended by Nepal Army Chief dope violations by the Indians came from urine samples.
Rajendra Chhetri and other senior army officials.
The dope violations were committed during 2015 and the
A Global Peace Operations Initiative capstone exercise, Wada chart was prepared after compiling information of
Shanti Prayas III trained partner for their participation in analytical findings and sanctions rendered till January 31
United Nations peacekeeping missions. this year by various accredited anti-doping bodies.
Nepal, the US, Australia, Bangladesh, Canada, Germany, This is the first set of Anti-Doping Rule Violation statistics
India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Sri under the revised Wada Code and third such report in its
Lanka and the UK were among the participating countries. history since 2013.
Microsoft Launches Teach Your Children The worrying sign for India is that the number of dope
offenders has been increasing in the last three years. India
Program to Advance Digital Learning, 04
had 91 and 96 Anti-doping Rule Violations (ADRVs) in
April 2017 2013 and 2014 respectively.
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icrosoft India
rolled out Teach
Connaught Place worlds 9th most costly
Your Children office location: CBRE, 05 April 2017
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program under Microsoft ccording to property
Aspire School Program consultant CBRE,
Suite for advancing its delhis Connaught
efforts to digitally transform Place is the worlds 9th most
education in the country. expensive office location
This value-based offering with annual prime rent of
aims to equip schools with an integrated set of technology USD 105.71 per sq ft.
and innovative learning solutions, modernise their Mumbais Bandra Kurla
campuses, drive transformation for enhanced learning Complex (BKC) is at 19th position while the central
experiences and prepare future-ready students. business district (CBD) of Nariman Point is at 30th place in
The company said that apart from this, it will also provide the CBREs Global Prime Office Rents report.
facilities like e-payment and e-fee to the students and their Hong Kong Central tops the list of the worlds most
parents. expensive office market with an annual prime rent of Rs.
17,187 ($ 264.27) per square feet. Finance Street in Beijing
India among top three nations for the third
and Kowloon in Hong Kong are placed at second and third
year running in Wadas doping violation positions, respectively.
report for 2015, 04 April 2017 The Central Business District (CBD) of Connaught Place
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porting minnows India has been ranked third for is at 9th position in the list of most expensive prime office
the third year in a row in a doping violation report markets in the world, with a prime office rent of USD
published by World Anti-Doping Agency for 2015 105.71 per sq ft per annum at the end of 2016.
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destination for global corporates.
ndia has jumped
Pink diamond auctioned for record USD 12 places to 40th
71.2M in Hong Kong, 05 April 2017 rank globally in
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travel and tourism
ccording to the competitiveness list
auction house by World Economic
a stunning 59.6 Forum.
carat diamond known
as the Pink Star sold India is one of
for USD 71.2 million at the countries that
a Sothebys auction in improved the most
Hong Kong, setting a new world record for any diamond as it gained 12 places in Asia, but lagged behind its other
or jewel. Asian peers like Japan and China which were ranked way
ahead at 4th and 13th place, respectively. Spain is ranked at
The oval mixed-cut diamond smashed the USD 60 million the top in the list.
pre-sale estimate set by Sothebys when it went on the
block. WEF stated in its Global Travel and Tourism
Competitiveness Report 2017 that India continues to enrich
The sale comes three years after the gem was sold at an its cultural resources, protecting more cultural sites and
even higher price at another Sothebys auction in Geneva. intangible expressions through UNESCO World Heritage
That deal later fell apart after the buyer defaulted. lists, and via a greater digital presence.
Sothebys Asia Chairwoman Patti Wong said the winning In the global ranking Spain, France and Germany were
bidder is Hong Kong jeweler Chow Tai Fook. ranked at the top three positions, making them the most
Samsung most trusted brand in India: Report, tourism friendly economies.
06 April 2017 Traditional strong travel and tourism destinations, including
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Japan (4th), the United Kingdom (5th), the United States
outh Korean consumer durables firm Samsung has (6th), Australia (7th), Italy (8th), Canada (9th) and
emerged as the most trusted brand in the country Switzerland (10th), have also made it to the top 10.
followed by Sony and LG, while Tata Group is the
only Indian company to feature in the top five. India ranks 9th among 41 countries in
According to the Brand Trust Report 2017, Samsung moved corruption in businesses: Survey, 07 April
up 17 positions to claim the top spot, replacing its mobile 2017
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division, which slipped 154 positions.
ccording to the
Sony and LG both retained their 2016 rankings, while US- findings of a recent
based iPhone maker Apple took the fourth position, up 12 survey, India ranks
places from last year. ninth among 41 countries in
Tata Group and auto major Honda continued to occupy the bribery and corrupt practices
fifth and sixth position, while the countrys largest carmaker in businesses.
Maruti Suzuki came in at the seventh position, climbing Nearly 78 per cent
four spots. respondents queried in the
PC maker Dell is placed at eighth, followed by Lenovo country said that bribery and corrupt practices happen
at ninth that moved up from 27th position last year, widely in businesses, as per the EY Europe, Middle East,
while Bajaj dropped to 10th position from seventh last India and Africa (EMEIA) Fraud Survey 2017.
year. India ranks behind Ukraine, Cyprus, Greece, Slovenia,
Of the 2016 list, four brands slipped out of the top ten list Croatia, Kenya, South Africa and Hungary, in the perception
of 2017 Samsung Mobiles, Nokia, Godrej, and ICICI survey.
Bank. The ranking has improved marginally from the survey
Over 2,500 respondents participated in the survey conducted findings in 2015 when India was at the sixth position, owing
by (TRA) Research across 16 cities and its findings have to better regulatory scrutiny and emphasis on transparency
been compiled in the report. and governance.
IT industry body NASSCOM has appointed Quattro CMD Raman Roy as its chairman.
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in 2015. In overall sales, the country retained its position as
rime Minister the fifth biggest global market for passenger vehicles (PVs).
Narendra Modi
China posted a growth of 14.93 per cent at 2, 43, 76,902
will release
units last year as compared to 2, 12, 10,339 units in 2015. It
a book Matoshree
remained the worlds biggest market for PVs.
authored by Lok
Sabha Speaker Sumitra Germany was the third fastest growing market for PVs
Mahajan on April 11. globally with a growth 4.54 per cent at 33, 51,607 units in
2016 as compared to 32, 06,042 units in the previous year.
The book release function will be followed by a 105-minute
play based on the book. The book covers the life and times In terms of size the country was, however, the fourth largest
of legendary Devi Ahilyabai Holker who ruled the Holkar market behind Japan, which witnessed a decline of 1.65 per
Empire spread over the Malwa region from 1767 to 1795. cent in its passenger vehicle sales at 41,46,459 units last
year as against 42,15,889 units in 2015.
The reign of Ahilyabai, of Indore in central India, has become
almost legendary as a period during which perfect order and Nepal, China to hold first-ever military
good government prevailed and the people prospered.
exercise, 14 April 2017
N
Gandhi in Champaran, authored by DG epal and China
Tendulkar, launched, 12 April 2017 started the
V
joint military
enkaiah Naidu, Union
exercise Sagarmatha
Minister for Information
Friendship-2017. This
and Broadcasting, released
is the first-ever joint
a book titled Gandhi in Champaran
military exercise between
at National Mahatma Gandhi
both the nations.
Museum in New Delhi.
The 10-day-long military
The book was launched on the
drill that will last till April 25 is being organised by the two
day that marks the 100th year of
countries as part of their preparedness against terrorism that
Champaran Satyagraha. The book is
has posed as a serious security threat globally.
authored by noted writer Dinanath
Gopal Tendulkar. The book is The military exercise named Sagarmatha Friendship-2017
printed by Publications Division. will also focus on common interests like disaster management.
Sagarmatha is the Nepali name of Mt Everest, the worlds
In addition, the minister also released
highest peak, that is bordering between Nepal and China.
a book containing a collection of letters and articles of the
correspondence between Nobel laureate Romain Rolland India jumps to 8th place on Global FDI
and Mahatma Gandhi as well as Tendulkars eight-volume
Confidence Index, 19 April 2017
I
biography of Mahatma Gandhi, titled Mahatma: Life of
Mohandas Karamchand Gandhi. ndia has jumped one spot to rank 8th in the 2017 AT
Gandhi in Champaran offers a gripping account of Gandhis first Kearney Foreign Direct Investment (FDI) Confidence
Satyagraha on Indian soil. The Satyagraha was his attempt to Index with 31 per cent of the surveyed respondents
eliminate, by truthful and non-violent means, the grievances and being more optimistic on economic outlook over the next
sufferings of the peasants at the hands of the indigo planters. three years. Investors see India as a vast and diverse up-
and-coming market with plans to increase investments there
India 2nd fastest growing market for over the near to medium term.
passenger vehicles globally, 13 April 2017 Investor confidence in India has been growing steadily over
A
the last two years, making it one of the top two emerging
ccording to global automobile industry body
market performers on the FDI Index, said the UK-based
Organisation Internationale des Constructeurs
AT Kearney in the index. Reform efforts by the current
dAutomobiles (OICA),India was the second
government have improved the countrys investment
fastest growth market for passenger vehicles among the top
environment. This includes the national goods and service
five nations globally, behind China, having expanded by 7
tax (GST) reform, the largest non- direct tax reform in India
per cent last year.
in recent years.
The estimated inflation rate for 2017-2018 is 5.0 %.
Awarded by Directorate of Film Festivals Films were required to be certified as a feature film, a
featurette or a Documentary/Newsreel/Non-Fiction by the
Presented by Directorate of Film Festivals Central Board of Film Certification.
Announced on 7 April 2017 Best Film Friendly State
Presented on 3 May 2017 The awards aim at encouraging study and appreciation of
Official website dff.nic.in cinema as an art form and dissemination of information
and critical appreciation of this art-form through a State
Highlights
Government Policy.
Best Feature Film: Kaasav
Award Name of State
Best Non-Feature Film: Fireflies in the Abyss
Best Film Friendly State State of Uttar Pradesh
Best Book: Lata : Sur Gatha
Best Film Friendly State
Best Film Critic: G. Dhananjayan
- Special Mention State of Jharkhand
Most awards: Ventilator (3), Allama (3),
Golden Lotus Award
Dashakriya (3)
Official Name: Swarna Kamal
The 64th National Film Awards ceremony was an event
All the awardees are awarded with Golden Lotus Award
during which the Directorate of Film Festivals presents its
(Swarna Kamal).
annual National Film Awards to honour the best films of
2016 in the Indian cinema. The awards ceremony was held Dadasaheb Phalke Award
on 3 May 2017. Introduced in 1969, the Dadasaheb Phalke Award is the
Selection Process highest award given to recognise the contributions of film
personalities towards the development of Indian cinema and
The Directorate of Film Festivals invited online entries for
for distinguished contributions to the medium, its growth
the first time on 16 January 2017 and the acceptable last
and promotion.
date for entries was until 21 January 2017.
FEATURE FILMS
Feature and Non-Feature Films certified by Central
Board of Film Certification between 1 January 2016, Feature films will be awarded at All India as well as
and 31 December 2016, were eligible for the film award regional level. Following will be the awards given in each
categories. category:
Books, critical studies, reviews or articles on cinema Jury
published in Indian newspapers, magazines, and journals For the Feature Film section, the 11-member jury was
between 1 January 2016, and 31 December 2016, were headed by Priyadarshan.
eligible for the best writing on cinema section.
All India Award
Entries of dubbed, revised or copied versions of a film or
translation, abridgements, edited or annotated works and Following will be the awards given:
reprints were ineligible for the awards. Golden Lotus Award
For the Feature and Non-Feature Films sections, films Official Name: Swarna Kamal
in any Indian language, shot on 16 mm, 35 mm, a wider All the awardees are awarded with Golden Lotus Award
film gauge or a digital format, and released in cinemas, (Swarna Kamal), a certificate and cash prize.
Name of Award Name of Film Language Awardee(s) Cash Prize
Best Feature Film Kaasav Marathi Director(s): Sumitra Bhave and
Sunil Sukthankar `250,000/- Each
Producer(s): Sumittra Bhave,
Sunil Sukthankar and Mohan Aghase
Best Debut Film
of A Director Alifa Bengali Director: Deep Choudhury `125,000/- Each
Producer: Amaan Ahmed
The estimated Indian solar capacity for the year 2016-2017 is 5525.98 MW.
According to the DGCA, the growth % of domestic Aviation in the month of February is 16 %.
The Golden Wing has received the grand jury prize for best feature at the Indian Film Festival of Los Angeles (IFFLA) 2017.
93 JUNE/2017/MASTER IN CURRENT AFFAIRS
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Electronics maker Micromax has roped in actor Anil Kapoor as its brand ambassador.
GENERAL/ECONOMY/BANKING AWARENESS
Q81. Recently, Bangladesh PM was on visit of India. The Q87. Recently which Payment bank has received license
number of MoUs signed between these two countries is- from RBI?
(1) 18 (2) 19 (3) 20 (4) 21 (5) 22 (1) Airtel Payment bank
Q82. Recently a campaign Ek Saath was started by- (2) Idea Payment bank
(3) Vodafone Payment bank
(1) Centre for Health & Social Justice
(4) Reliance Payment bank
(2) Centre for Health & Society Justice
(4) Jio Payment Bank
(3) Centre of Help & Social Justice
(4) Centre for Help & Social Justice Q88. Raising day of National Disaster Response Force
(5) Centre of Health & Social Justice (NDRF) is observed on..?
Q83. CREDAI stands for- (1) 29 January (2) 30 January (3) 31 January
(4) 1 February (5) 12 April
(1) Confederation of Real Estate Developers
Associations of India Q89. SEZ INDIA mobile app has been launched by which
union ministry for special economic zones?
(2) Confederation of Real Estate Developer
Associations of India (1) Ministry of Labour & Employment
(2) Ministry of Finance
(3) Confederation of Real Estate Developer
(3) Ministry of Railways
Association of India
(4) Ministry of Commerce & Industry
(4) Confederation of Real State Developers (5) Ministry of Corporate Affairs
Associations of India
Q90. The world braille day is observed on which day?
(5) Confederation of Real State Developer Association (1) 5 January (2) 3 January (3) 2 January
of India (4) 4 January (5) 1 January
Q84. Who got the award for best actor (Male) in National Q91. Hybrid capital instruments (debt equity) form part of
Film Award 2017? ______ capital.
(1) Varun Dhawan (2) Shahrukh Khan (1) Tier II (2) Tier I
(3) Akshay Kumar (4) Siddharth Kapoor (3) Paid up (4) Preference share
(5) Ranveer Singh (5) Equity share
Q85. Recently which state was adjudged as most film Q92. Which of the following rates signals the RBIs long
friendly state by National Film Awards? term outlook on interest Rates?
(1) Uttar Pradesh (2) Rajasthan (3)Karnataka (1) Repo Rate (2) Reserve Repo Rate
(4) Madhya Pradesh (5) Gujarat (3) Bank Rate (4) Cash Reserve Ratio
Q86. Which state has launched Deendayal Rasoi Yojana to (5) Statutory Liquidity Ratio
provide food at a subsidized rate to the poor in urban areas? Q93. The term BANK is defined in the section 5(of
(1) Punjab (2) Bihar _____________?
(3) Madhya Pradesh (4) Uttar Pradesh (1) Reserve Bank of India Act, 1934
(5) Jharkhand (2) State Bank of India Act, 1955
India and Australia signed 6 agreements to boost the bilateral cooperation between the two nations.
Veteran actor Dilip Kumar was honoured with the Living Legend Lifetime Award by the Punjab Association.
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ENGLISH
(Q.121-126) Read the following passage carefully and who picks up the tab. The uproar over higher petrol, diesel
answer the questions given below it. and cooking gas prices ignored this basic question; if the
Governments looking for easy popularity have frequently user of cooking gas does not want to pay for its cost, who
been tempted into announcing give-a-ways of all sorts; free should pay? Diesel in the country is subsidised, and if the
electricity, virtually free water, subsidized food, cloth at half user of cooking gas does not want to pay for its full cost,
price, and so on. The subsidy culture has gone to extremes. who does he or she think should pay the balance of the cost?
The richest farmers in the country get subsidized fertilizers. It is a simple question, nevertheless if remains unasked.
University education, typically accessed by the wealthier The Deva Gowda government has shown some courage in
sections, is charged at a fraction of cost. Postal services are biting the bullet when it comes to the price of petroleum
subsidized, and so are railway services. Bus fares cannot products. But it has been bitten by much bigger subsidy
be raised to economical levels because there will be violent bug. It wants to offer food at half its cost to everyone
protest, so bus travel is subsidized too. In the past, price below the poverty line, supposedly estimated at some 380
control on a variety of items, from steel to cement, meant million people. What will be the cost? And of course, who
that industrial consumer of these items got them at less than will pick up the tab? The Andhara Pradesh Government has
actual cost, while the losses of the public sector companies been bankrupted by selling rice as Rs. 2 per Kg. Should the
that produced them were borne by the taxpayer! A study Central Government be bankrupted too, before facing up to
done a few years ago, came to the conclusion that subsidies the question of what is affordable and what is not? Already,
in the Indian economy total as much as 14.5 per cent of India is perennially short of power because the subsidy on
gross domestic product. At todays level, that would work electricity has bankrupted most electricity boards, and made
out to about Rs. 1,50,000 crore. private investment wary unless it gets all manner of state
And who pay the bill? The theory-and the political fiction guarantees. Delhis subsidised bus fares have bankrupted
on the basis of which it is sold to unsuspecting voters-is that the Delhi Transport Corporation, whose buses have slowly
subsidies go the poor, and are paid for by the rich. The fact disappeared from the capitals streets. It is easy to be soft and
is that most subsidies go the rich (defined in the Indian sentimental, by looking at programmes that will be popular.
context as those who are above the poverty line), and much After all, who does not like a free lunch? But the evidence
of the tab goes indirectly to the poor. Because the hefty is surely mounting that the lunch isnt free at all. Somebody
subsidy bill results in fiscal deficits, which in turn push up is paying the bill. And if you want to know who, take at the
rates of inflation-which, as everyone knows, hits the poor countrys poor economic performance over the years.
the hardest of all. That is why taxmen call inflation the most Q.121. Which of the following should not be subsidised
regressive form of taxation. now, according to the passage?
The entire subsidy system is built on the thesis that people A. University education B. Postal services
cannot help themselves, therefore governments must do so. C. Steel
That people cannot afford to pay for variety of goods and
(1) Only A (2) Both A and B
services, and therefore the government must step in. This
(3) Both B and C (4) Both A and C
thesis has been applied not just in the poor countries but
(5) All of the above
in the rich ones as well; hence the birth of the welfare state
in the west, and an almost Utopian social security system; Q.122. Why do you think that the author calls the Western
free medical care, food aid, old age security, et.al. But social security system Utopian?
with the passage of time, most of the wealthy nations have (1) The countries belief in the efficacy of the system
discovered that their economies cannot sustain this social was bound to turn out to be false
safety net, which in fact reduces the desire among people to (2) The system followed by these countries is the best
pay their own way, and takes away some of the incentive to available in the present context
work, in short, the bill was unaffordable, and their societies
(3) Everything under this system was supposed to be
were simply not willing to pay. To the regret of many, but
free but people were charging money for them.
because of the laws of economies are harsh, most Western
societies have been busy pruning the welfare bill. (4) The theory of system followed by these countries
was devised by Dr. Utopia
In India, the lessons of this experience over several decades,
and in many countries-do not seem to have been learnt. Or (5) Only 1 &3
they are simply ignored in the pursuit of immediate votes. Q.123. It can be inferred from the passage that the author-
People who are promised cheap food or clothing do not in (1) Believes that people can help themselves and do
most cases look beyond the gift horses-to the question of not need the government
Prime Minister Narendra Modi and his Australian counterpart Malcolm Turnbull inaugurated TERI-Deakin nanobiotechnology
research centre.
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(2) Believes that the theory of helping with subsidy is is valued correctly or not? That would only increase corruption.
destructive In any case, an organisation cannot, by itself, decide the value
(3) Believes in democracy and free speech of something that can be priced on a large variety of factors.
(4) Is not a successful politician What we need is to link it to the market and let the
latter decide the price. To do that, we have to create a
(5) Believes that government is trying its best to
system comprising several participants who move in
achieve equality
sync with the market. These can be land banks, called
Q.124. A suitable title to the passage would be: Institutional Immovable Negotiators (IINs).These IINs
(1) Theres no Such Thing as a Free Lunch would trade in property: buying, holding and selling
(2) The Economic Overview land to earn profits. Anyone wishing to sell his property
must approach at least one IIN for a quotation. If he
(3) Deve Gowdas Government and its Follies
thinks the price is acceptable, he can sell it to the IIN.
(4) It takes two to Tango If not, he can sell it to anyone at a price higher than that
(5) Subsidy is good way to develop a nation offered by the IIN.The quotation will be valid for a year.
Q.125. Which of the following is FALSE in the context of Undervaluation will be curbed by forcing the valuation
the passage? to be close to the market price, which is the sum of the
(1) Where subsidies are concerned, the poor ultimately black and white money paid.
pay the tab The system should become an oligopoly, which is ideal
(2) Inflation is caused by too much subsidies because it combines competition with the ease of regulation
(3) Experts call subsidies the most regressive form of and effective scam-busting. But land banks are not the
taxation same as money banks. Land is a state subject and property
(4) Fiscal deficits are caused due to heavy subsidy bills transfer a concurrent one. It is the state government that
(5) Both 3 & 4 gets registration and stamp duty. So, it would be prudent
Q.126. Which of the following is TRUE in the context of the for each state to have its own IINs companies having to
passage? separately bid to become an IIN in each state. A company
could operate in multiple states.
(1) Government subsidy is given to bus companies,
steel companies and to schools The regulator, though, could be either national or different
(2) subsidies in the Indian economy total as much as ones for every state. A national regulator might integrate
15.4 per cent of gross domestic product the real estate system into a convenient whole, which will
(3) The entire subsidy system is built on the thesis be put in place. The IINs need to pay the government for
that people cannot help themselves, therefore obtaining their exclusive right to make the first offer to
governments must do so any potential seller. This right has to be given to a limited
(4) Both 1 &3 number of applicants by way of auction. All the selected
(5) All are true IINs will have to give the same fees for the same right,
determined by the highest bid. When the highest bid is
(Q.127-132) Read the following passage carefully and low, more aspiring IINs will be willing to pay it. So one of
answer the questions given below it. them would put forward a higher bid. As the bid increases,
The hue and cry over black money stashed abroad hides some participants will withdraw. This will continue till only
one important fact: most of it is right here, in India, in the the pre-decided number of IINs is left. The public sector
form of real estate. Immovable assets remain officially participant can be used to indirectly regulate the auction and
undervalued when the buyer pays a small fraction in white put forward bids if the private bidders do some mischief.
money and the rest in black. IINs will be responsible for maintaining an online database
Thereby, he can keep the land till he needs the money, of all property transactions. Together, they will later take
saving himself the trouble of having it raided or stolen. If he the place of property registrars. Registration tax and stamp
needs black money, he can sell it to another black investor. duty can be abolished or minimised. The revenue loss will
If he needs white, he can always get it under the cover of be more than offset by the money earned in the auction.
the lands value having appreciated in the interim period, So, is combating undervaluation the only role of IINs? No,
and happily pocket the profit earned. as they would also provide the facilities of a land bank
What is unique about land, when compared to other black giving people a convenient platform to buy and sell land.
investment markets like gold, silver or even plain cash, is that This function, of course, can be provided by traditional land
all real estate deals have to be registered. The problem lies banks. But if you can kill two birds with one stone, why use
in artificial undervaluation. So does that mean setting up a two? The purpose behind IINs is removing black money
government institution that determines whether the transaction from real estate.
Colson Whiteheads The Underground Railroad, novel has won the Pulitzer Prize for fiction.
105 JUNE/2017/MASTER IN CURRENT AFFAIRS
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However, they will also help in land acquisition. It would be (4) the companies who wish to become IINs are
mandatory for IINs to sell land they hold to the government, selected by the way of auction.
whenever the government, both state and central, requires it. (5) Only 3 & 4
In fact, the government can use the public sector IIN for Q132. Which of the following statements is/ are FALSE in
buying land in an indirect manner, saving costs. This can context of the passage?
be done by maintaining confidentiality with regard to the (1) Land is a state subject and property transfer a
proposed acquisition. concurrent one.
Q127. As per the passage, what is unique about investment (2) It is the central government that gets registration
in real estate as compared to investment in gold or and stamp duty
silver? (3) The IINs need to pay the government for obtaining
(1) All real estate deals need to be registered their exclusive right to make the first offer to any
potential seller.
(2) real estate is the most profit generating investment
(4) most of the black money in India is in the form of
(3) Investment in real estate is hassle free as deals could a real estate
be completed through IINs (5) Undervaluation of land can be curbed by forcing
(4) Investment in real estate is market linked thus the valuation to be close to the market price, which
requiring continuous monitoring unlike investment is the sum of the black and white money paid.
in other sectors. (Q.133-139) Read each part of the sentence to find out if
(5) All except 4 there is any error in it. The error, if any, will be
Q128. According to the passage what is the sole purpose of in one part of the sentence. The number of that
establishing IINs? part is the answer. If there is no error, mark
your answer as (5).
(1) to control the pricing of real estate sector
(2) to remove black money from real estate sector Q133. China is building worlds largest multifunctional(1)/
(3) for registering all the real estate deals research platform for nano-technology which would
(4) to make buying and selling of land easy for the help (2)/ develop more powerful computers (3)/ and
people intelligence robots. (4)/No Error (5)
(5) to control tax evasion Q134. Bajaj Auto said it had agreed with Japans Kawasaki
Q129. Why do immovable assets remain officially undervalued? (1)/ to end their decade-old alliance for sales (2)/ and
services in India (3)/ from next month.(4)/No Error
A. because the buyer pays the major fraction of
(5)
amount in black money
Q135. Impressive advances have been (1)/ made in human
B. because no governing body is there to regulate the
development over the (2)/ past 25 years on many
prices
fronts, but ethnic minorities, (3)/ refugees, migrants
C. IINs do not give the fair quotations for the pricing and women are being left behind (4)/no error (5)
of immovable assets
Q136. Travelers to the US from eight countries in the
(1) Only A (2) Only B (3) Only C Middle East and Africa, (1)/ including from major
(4) Both A and B (5) Both B and C global hubs like Dubai, cannot carrying large (2)/
Q130. As per the passage, which of the following are the electronic devices like cameras and laptops (3)/ as
functions of IINs? cabin baggage. (4)/ No Error (5)
(1) IINs are responsible for maintaining an online Q137. A political party staged a walkout from the Assembly
database of all property transactions. for (1) not getting a favourable reply from the
(2) provide the facilities of a land bank giving government on constituting (2)/ a House Committee to
people a convenient platform to buy and sell land. look after the alleged (3)/ irregularities in the execution
(3) combating under valuation of real estate sector of Mission Bhagiratha project. (4)/ No Error (5).
(4) to help in land acquisition Q138. The Minister of External Affairs rubbished reports (1)/
(5) All of the above that the opposition leader will help the (2)/ government
Q131. Which of the following statements is/ are TRUE in in drafting (3)/ a statement on one of his members to
context of the passage? be read out in Parliament. (4) No error (5)
(1) land banks are same as money banks. Q139. A fire broke out at Ordnance Factory, Khamaria (1)/ in
(2) the quotation by IINs for buying of property is Jabalpur district of Madhya Pradesh in the evening, (2)/
valid for 2 years setting off a series (3)/ of explosion. (4)/No Error (5)
(3) IIN could be only one at national level
Neil Gorsuch has sworn in as the new judge of the US Supreme Court.
ANSWER 11-16
ANSWER 6-10
ANSWER 17-21
X>U>T>W> Z >Y>V
T is husband of Y, W is husband of V
Q.17 (2) Q.18 (1) Q.19 (1) Q.20 (3) Q.21 (5)
ANSWER 22-25 Q.22 (1) Q.23 (2) Q.24 (5) Q.25 (5)
ANSWER 26-31
India Ratings, the domestic subsidiary of Fitch Ratings, appointed Rohit Sawhney as the chief executive with immediate effect.
270 150
100 = 80%
Q48.(3) 150
Q49.(4) 270 + 135 135 = 270
Q50.(2) 75+25+125 =225
Q.51-55
Team Played Won Drawn Lost Goals For Goals Against Point
Kerala Blaster FC 3 1 1 1 4 4 3
Mumbai City FC 3 2 1 0 5 2 5
FC Goa 2 0 2 0 4 4 2
Delhi Dynamos FC 2 0 0 2 0 3 0
Ace shuttler and Rio Olympics silver medalist P V Sindhu was bestowed the Best Sportsperson of the Year award at the Times
of India Sports Awards (TOISA).
110 JUNE/2017/MASTER IN CURRENT AFFAIRS
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Team Kerla Blaster FC Mumbai City FC FC Goa Delhi Dynamos FC
Goal Goal Goal Goal Goal Goal Goal Goal
Against For Against For Against For Against For
Kerala Blaster FC - - 0 2 2 2 2 0
Mumbai City FC 2 0 - - 2 2 1 0
FC Goa 2 2 2 2 - - - -
Delhi Dynamos FC 0 2 0 1 - - - -
Q51.(3) Q52.(3) Q53.(3) Q54.(5) Q55.(2)
Q.56-60
Let run scored by Kane Williamson be x
Steve Smith = x + 102, AB De Villiers = x + 57, Hashim Amala = x + 33, David Warner = x + 63, Virat Kholi = x + 125,
Joe Root = x + 65, Cheteshwar Pujara = x + 44
Q56.(4) Q57.(2) Q58.(4) Q59.(1)
Q60.(2)
If AB De Villiers = 1275, Then, Kane Williamson = 1218, Steve Smith = 1320, Hashim Amala = 1251, David Warner =
1281, Virat Kholi = 1343, Joe Root = 1283, Cheteshwar Pujara = 1262
7 9 1
Required Probability = 1 1 Q80.(1) Q1 = 50%
8 10 80
Q2 = 4%
Microsoft co-founder Bill Gates once again topped the Forbes magazine list of the worlds richest billionaires.
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GENERAL/ECONOMY/BANKING AWARENESS
Q.81 (5) Q.82 (1) Q.83 (1) Q.84 (3) Q.85 (1) Q.101 (4) Q.102 (2) Q.103(4) Q.104 (3) Q.105 (1)
Q.86 (3) Q.87 (2) Q.88 (3) Q.89 (4) Q.90 (4) Q.106 (4) Q.107 (2) Q.108(2) Q.109 (3) Q.110 (2)
Q.91 (2) Q.92 (3) Q.93 (4) Q.94 (3) Q.95 (4) Q.111 (2) Q.112 (1) Q.113(2) Q.114 (2) Q.115 (2)
Q.96 (2) Q.97 (3) Q.98 (4) Q.99 (2) Q.100 (1) Q.116 (1) Q.117 (2) Q.118(3) Q.119 (1) Q.120 (5)
ENGLISH
Q.121 (5) Q.122 (1) Q.123(2) Q.124 (1) Q.125 (3) Bawdy (Adj) indecent
Q.126 (3) Q.127 (1) Q.128(2) Q.129 (1) Q.130 (5) Belabour(V)- attack (someone) physically or
verbally.
Q.131 (4) Q.132 (2)
Ricochet(Intr. V) - to hit something and bounce
Q.133(4) Replace intelligence with intelligent away at an angle.
Q.134 (5) No error Q.145 (3) For other options
Q.135 (5) No error Chide(V)-Scold For other options
Q.136 (2) cannot carrying with cannot carry Chide(V)-Scold
Q.137 (3) Replace look after with look into Q.146 (2) For other options
Impediment(N)-hindrance
Q.138 (2) Replace will with would
Q.147 (4) For other options
Q.139 (5) No error
Uncanny(Adj)- very strange, unusual
Q.140 (4) Q.141 (5) Indistinct(Adj)- blurred
Q.142 (1) The correct sequence of the passage is EFCDBA Q.148 (1) For other options
and the passage is talking about the two American Foster(V)-encourage
astronauts who ventured outside the International Confide(V)-reveal
Space Station to upgrade the orbiting outposts
Q.149 (1) Q.150 (1) Q.151 (3)
electrical system.
Q.152 (4) Q.153 (2)
Q.143 (5) For other options
Q.154 (1) The paragraph discusses the ways to recycle
Intimation(N)- an indication
construction waste.
Forsake(V)- renounce or give up (something
valued or pleasant). Q.155 (2) The paragraph discusses that urban planners
Q.144 (3) For other options overlook the needs of children while planning
cities.
Askew (Adj) - in a crooked position.
Senior advocate and noted constitutional expert Anil Divan passed away. He was 86.
WHOS WHO
S.No. DESIGNATION NAME
1. Chairman, Rajya Sabha Mohd.Hamid Ansari
2. Chairperson of Lok Sabha Sumitra Mahajan
3. Chairman of NITI Ayog Narendra D Modi
4. Leader of Opposition in Rajya Sabha Gulam Nabi Azad
5. Leader of House in Lok Sabha Narendra D Modi
6. Leader of Congress in Lok Sabha Mallikarjun Kharge
7. Chief Election Commissioner Syed Nasim Ahmed Zaidi
8. Election Commissioner Om Prakash Rawat
9. Election Commissioner Achal kumar jyoti
10. Chief Vigilance Commissioner K V chaudhary
11. Foreign Secretary Dr Subrahmanyam Jaishankar
12. Comptroller & Auditor General of India Shashi Kant Sharma
13. Chairman, National Commission for Backward Classes Jus. Vangala Eswaraiah
14. Chairman, Telecom Regulatory Authority of India R. S Sharma
15. CBI Director Alok Kumar Verma
16. Chairman, National Commission for Scheduled Tribes Nand Kumar Sai
17. Chairperson, National Commission for Minorities Naseem Ahmed
18. Chairman, UPSC David R. Syiemlieh
19. Director General, National Investigation Agency Sharad Kumar
20. Chairman, UGC Ved Prakash
21. Chairman, Space Commission and ISRO A S Kiran kumar
22. Chairman, Atomic Energy Commission and Sec. Deptt. of Atomic Energy Sekhar Basu
23. Chairman, SSC Ashim Khurana
24. Chairman,National Human Rights Commission Justice H.L. Dattu
25. Registrar General of India and Census Commissioner Sailesh
26. Chairman, Central Board of Direct Taxes Sushil Chandra
27. Chairman, Insurance Regulatory Development Authority T.S. Vijayan
28. Chairman, Securities & Exchange Board of India Ajay Tyagi
29. Chairperson, State Bank of India Arundhati Bhattacharya
30. Chairman, LIC V.K. Sharma
31. Indias permanent representative in UNO Syed Akbaruddin
32. Home Secretary Rajiv Mehrishi
33. Chairperson of National Commission for Women Lalitha Kumaramanglam
34. Chairman, 14th Finance Commission Y.Venugopal Reddy
35. Chairman, Competition Commission of India Devendra Kumar Sikri
36. Chairperson,Central Board of Film Certification Pahlaj Nihalani
37. President, ASSOCHAM Sandeep Jajodia
38. Chairman, NASSCOM Raman Roy
39. New Chief of Army Staff Bipin Rawat
40. Director General, RAW Anil Dhasmana
41. Chairperson, Children Film Society of India Mukesh Khanna
42. Director, Bhabha Atomic Research Centre Kamlesh Nilkanth Vyas
43. President, CII Dr. Naushad Forbes
44. President, FICCI Harshavardhan Neotia
45. Chairman, National Knowledge Commission Sam Pitroda
46. National Security Advisor Ajit Doval
47. Chairperson, Prasar Bharati Dr. A. Surya Prakash
48. Chairman, Investment Commission Ratan Tata
49. Finance Secretary Ashok Lavasa
50. Chairman, Indian Banks Association T.M.Basin
Data as on 20th April, 2017
Tehmina Janjua assumed charge as Pakistans first woman new foreign secretary.